The firm found stock market flotations during the traditionally quiet first
quarter hit a seven-year high, with 64 deals raising a combined $12.1bn (£6bn).
The firm said the boom was being led by a resurgence in activity from the
financial services sector.
Scott Gehsmann, capital markets partner in PwC’s transaction services group,
said: ‘The financial services and technology sectors were much more active than
in the first quarter last year.” and financial sponsors continued to be a major
factor in the market, backing 40% of all IPOs and raising 55% of proceeds.’
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.