So you can achieve speed to market today, lasting value tomorrow through IPO, capital raise, spin and debt offering solutions

Capital Markets and IPO services

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Overview

Raising capital—through an IPO, SPAC merger, or debt offering—can transform how a company operates. Success requires a holistic, cross-functional approach that creates lasting value. PwC’s Deals team brings industry-leading project management and a technology-enabled, integrated approach to help navigate complex capital markets transactions, from IPOs and follow-on offerings to SPAC mergers and debt raises.


Market trends

75%

of IPOs > $1 billion raised.

65%

of all IPOs by deal value.

3/5

3 out of the 5 top IPOs by deal value.


Capabilities

Capital Markets and Accounting Advisory

Navigate complex accounting changes with confidence. We help companies adopt new standards, manage GAAP conversions and align with regulatory updates. Our team advises on filer status, financial reporting requirements, S-1 readiness, SEC pre-clearance and financial disclosures required for public company compliance.

Investor Relations

Provide guidance across capital markets activity, investor sentiment and capital raising alternatives. We support equity story development, investor communications and investment banking processes to help position your company effectively in the market.

Valuations

Deliver defensible, data-driven valuation insights that stand up to scrutiny across M&A, capital raises, audits and regulatory review. We help reduce risk and improve decision-making through transparent valuation methodologies.

FP&A, KPIs and NGM

Advise on forecasting, budgeting, finance operating models and KPI governance. We help define peer groups, benchmarking approaches and controls around non-GAAP metrics to align reporting with investor expectations.

Executive Compensation

Support compensation strategy aligned to public company expectations. We advise on peer benchmarking, IPO readiness, 409(a) considerations, plan design and workforce policies to ensure compliance and competitiveness.

IT and Finance Transformation

Assess finance operations, systems and organizational design to prepare for life as a public company. We provide guidance on IT architecture, financial close processes, cybersecurity, data protection and disclosure readiness.

Internal Controls

Support SOX readiness and compliance including Sections 302, 404(a) and 404(b). We help identify control gaps, design remediation plans and establish governance frameworks that meet regulatory expectations.

Tax

Advise on tax structuring, compliance and efficiency across IPOs and capital raises. From transfer pricing to global tax strategy and financial reporting, we help minimize risk and optimize outcomes.

Value Creation

Advise on capital structure, business model positioning and growth strategy to influence how the market values your company and support long-term performance.

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Legal, Compliance and Governance Matters

Support underwriter diligence, compliance requirements, governance design and ESG readiness. We advise on board structure, regulatory requirements and stakeholder expectations to prepare organizations for public markets.

Project Management

Develop and manage cross-functional IPO project plans, governance frameworks and communication structures to ensure alignment, accountability and timely execution across all workstreams.


Insights


Contact us

Mike Bellin

Mike Bellin

IPO Services Leader, PwC US

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