Withum, a nationally recognized firm, is the auditor of record on over 90 SPAC IPOs and over $30 billion in IPO proceeds during 2020. The Firm was the market leader in Q3 2020 for number of SPAC IPOs and total proceeds raised. Withum’s audit clients consummated 53 IPOs in Q3, raising approximately $18 billion. As a result, Withum held a 32% auditor market share and their audit clients raised the most proceeds during the quarter.
The dynamic management team works virtually with nearly every attorney and underwriter in this niche space. In addition to SPACs, Withum serves clients in other branches of the financial service industry, including hedge fund managers, venture capital firms, private equity firms, broker-dealers and regulated investment companies.
“Our SEC and Financial Services Industry Team works around the clock to give our SPAC clients unmatched attention and results. We are very proud to receive this recognition of our dedication and hard work.” Jay Shepulski Partner and Team Leader of the SPAC Industry at Withum
Audit Analytics and SPACInsider release their rankings quarterly by underwriting, legal and auditor categories. Firms are ranked by volume, total deal count, average size and percent of market share.