Written by Edgar Agents on September 13, 2018
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PART FIVE: The top accounting and legal firms
Finally, we looked at the top accounting and legal firms advising the IPO companies in Q1 2018. The top three accounting firms were PwC (22% of deals and 34% of proceeds), Ernst & Young (20% of deals and 35% of proceeds), and Deloitte (13% of deals and 15% of proceeds).
The top law firms by number of IPO companies represented include Ellenoff Grossman & Schole, Vinson & Elkins, and Skadden, Arps, Slate, Meagher & Flom. Ellenoff Grossman & Schole leads with eight IPO clients.
There are some elements of the current market environment that limit the number of IPOs that have to do with both regulatory and non-regulatory reasons. But there are also some signs that more companies are starting to come to the public markets which may show some of the attempts to increase capital formation are working.