EY leads global IPO market
London, 27 February 2014
In 2013, the global IPO market saw 882 deals raise US$168.3b – a 33% improvement on 2012 deal value levels and a vote of confidence in the strength of the global economy that bodes well for companies seeking to go public in 2014. EY was once again the lead advisor both in terms of the number of deals and the amount of capital raised, and has dominated the IPO advisory market for the past 15 years.
EY IPO highlights 2013
- EY worked on more than a third of the world’s IPO deals in 2013 (38% by number of deals; 67% by value of deals)
- EY audits eight and serves 16 of the companies in the top 20 global deals
- EY was the lead advisor globally for firms launching IPOs in real estate, technology, pharmaceuticals, oil and gas, biotech and insurance
“We believe that an IPO marks a turning point in the life of a company and we’re thrilled to have had the opportunity to audit or advise so many of the leading global companies that entered the public markets last year,” said Maria Pinelli, EY Global Vice Chair, Strategic Growth Markets.
Of the 882 IPOs globally in 2013, EY audits 185 companies that together raised US$52.2b. EY also serves 338 companies (38% of global IPOs) that raised US$111.6b (67% of capital raised).
2013 was the first year since 2010 in which the number and value of IPOs rose compared to the prior year. Maria adds, “The broad base of sectors and geographic markets that were part of this global uplift is extremely encouraging suggesting that the global recovery is becoming well established. We look forward to working with more companies throughout 2014 and helping them to realize their growth objectives.”
About EY’s IPO center
EY is a leader in helping to take companies public worldwide. With decades of experience our global network is dedicated to serving market leaders and helping businesses evaluate the pros and cons of an IPO. We demystify the process by offering IPO readiness assessments, IPO preparation, project management and execution services, all of which help prepare you for life in the public spotlight. Our Global IPO Center of Excellence is a virtual hub which provides access to our IPO knowledge, tools, thought leadership and contacts from around the world in one easy-to-use source. www.ey.com/ipocenter
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
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