Capital Markets Advisory: 2020 Year in Review

Despite the impact of the pandemic, 2020 was a record year for the U.S. capital markets, with companies raising over $167 billion in proceeds from initial public offerings. In 2020, CFGI’s Accounting Advisory Practice and Capital Markets Advisory team supported over 60 capital markets transactions, including 30 that were completed during 2020. Of the 30 transactions completed during 2020, 28 were initial public offerings, pursuant to which our clients raised a combined aggregate of $10.1 billion in proceeds.

Transactions Completed in 2020Transactions in Progress January 2021
IPOs2823
de-SPAC mergers110
Reverse Mergers11
Dual listing1

The Capital Markets Advisory team started the year on a high note, with several team members receiving promotions in recognition of their hard work and dedication to excellence. In addition, to support the growth in capital markets transaction work, we brought David Horn onto the team as a Managing Director. David brings more than 24 years of experience working at Deloitte as a subject matter expert in SEC reporting.

As we enter 2021, we’re busier than ever, with more transactions in process during the first week of January than we completed in all of 2020. With more collective experience, skill and knowledge than ever before, our team is prepared to take on 2021 with renewed vigor.

If you are contemplating a public offering and would like to learn more, please contact April Coleman, Partner (acoleman@cfgi.com, 603-686-2020).