Ticker LaunchSPAC IPO underwriters league table, 2020
The most active SPAC IPO underwriters in 2020, ranked by deals led as lead-left underwriter. Credit Suisse ranks first with 21 deals.
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| # | Firm | Deals as lead-left | Deals in any role | Proceeds of deals led | Median deal led |
|---|---|---|---|---|---|
| 1 | Credit Suisse | 21 | 32 | $7.71B | $355M |
| 2 | Citigroup | 11 | 19 | $5.01B | $450M |
| 3 | Cantor | 10 | 11 | $1.55B | $200M |
| 4 | Morgan Stanley | 9 | 18 | $2.31B | $250M |
| 5 | Goldman Sachs | 6 | 17 | $2.81B | $380M |
| 6 | J.P. Morgan | 4 | 10 | $1B | $275M |
| 7 | Deutsche Bank | 3 | 7 | $900M | $300M |
| 8 | TD Cowen | 3 | 8 | $810M | $250M |
| 9 | BofA Securities | 3 | 7 | $475M | $237.5M |
| 10 | Trasimene Capital | 2 | 3 | $2.2B | $1.1B |
| 11 | Strategic Partners | 2 | 2 | $1.3B | $650M |
| 12 | UBS | 2 | 4 | $850M | $425M |
| 13 | Barclays | 2 | 9 | $515M | $257.5M |
| 14 | EarlyBird | 2 | 2 | $410M | $205M |
| 15 | Craig-Hallum | 2 | 2 | $175M | $87.5M |
| 16 | Needham | 2 | 2 | $125M | $125M |
| 17 | Forward Purchase | 1 | 1 | $4B | $4B |
| 18 | DLJ Merchant Banking Partners | 1 | 1 | $720M | $720M |
| 19 | Wells Fargo | 1 | 4 | $550M | $550M |
| 20 | True Wind Capital | 1 | 1 | $525M | $525M |
| 21 | Peterson Partners | 1 | 1 | $522M | $522M |
| 22 | Moelis | 1 | 1 | $500M | $500M |
| 23 | RedBird Capital Partners | 1 | 2 | $500M | $500M |
| 24 | Religare Capital | 1 | 1 | $500M | $500M |
| 25 | Virgin Enterprises | 1 | 1 | $480M | $480M |
| 26 | Payments Solutions | 1 | 1 | $450M | $450M |
| 27 | Pacific Investment Management Company | 1 | 1 | $420M | $420M |
| 28 | Cambridge Venture Partners | 1 | 1 | $360M | $360M |
| 29 | Hudson Executive Capital | 1 | 1 | $360M | $360M |
| 30 | Leerink Partners | 1 | 2 | $360M | $360M |
| 31 | Motive Partners | 1 | 1 | $360M | $360M |
| 32 | Ramius | 1 | 1 | $360M | $360M |
| 33 | Walmart | 1 | 1 | $360M | $360M |
| 34 | Ribbit Capital | 1 | 1 | $350M | $350M |
| 35 | TPG Pace | 1 | 2 | $350M | $350M |
| 36 | Silicon Valley Leadership | 1 | 1 | $330M | $330M |
| 37 | Tribune Media Company | 1 | 1 | $325M | $325M |
| 38 | Founded VEEV Spirits | 1 | 1 | $300M | $300M |
| 39 | Mizuho | 1 | 1 | $300M | $300M |
| 40 | Nexstar Media | 1 | 1 | $300M | $300M |
| 41 | Sofreh Capital | 1 | 1 | $300M | $300M |
| 42 | Sterling Stamos Capital | 1 | 1 | $300M | $300M |
| 43 | Wellington Pub Company | 1 | 1 | $300M | $300M |
| 44 | Highland Capital Partners | 1 | 1 | $275M | $275M |
| 45 | Jefferies | 1 | 3 | $250M | $250M |
| 46 | Landec | 1 | 1 | $250M | $250M |
| 47 | BTS Holdings Public Company | 1 | 1 | $240M | $240M |
| 48 | Chief Executive Officer of Platial | 1 | 1 | $240M | $240M |
| 49 | CWA Asset Management | 1 | 1 | $225M | $225M |
| 50 | Evercore ISI | 1 | 2 | $225M | $225M |
Lead-left is the first bank named on the final prospectus cover; proceeds (base deal, before the over-allotment) are credited in full to that bank. "Any role" counts every bank on the cover. Based on the 153 deals with underwriters on record.
Other tables: US IPO underwriters · US IPO law firms · SPAC IPO law firms
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