“A perfect storm of supply meeting demand”, says one capital markets partner; “the busiest our practice has ever been,” describes another. The number of initial public offerings (IPOs) globally has risen to record levels for the first half of 2021. 

Q1 alone delivered the strongest first quarter for European IPOs since 2000 according to PwC analysis, while in the U.K, research by Pinsent Masons found that more IPOs have taken place in the year to date than in the entirety of 2020.