The 1Q21 IPO Rankings for the Big Four Accounting Firms

The US IPO market produced its busiest quarter in over two decades, with 100 IPOs raising $39.2 billion. Healthcare once again led deal flow with a mix of biotechs and health services providers, while the tech sector produced the most proceeds, boosted by several unicorns. The Big Four accounting firms appeared on 71 of the quarter's 100 IPOs (71%), which raised 84% of proceeds. With every offering requiring audited financials, there were 100 auditing engagements (398 including SPACs) with 22 accounting firms.

View our Report on The Most Active Audit Firms of the 1Q21 IPO Market

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