Nine new client wins from tenders in the past quarter have propelled Deloitte to top position as the Big Four firm with the most FTSE 250 audits, overtaking PwC and KPMG, according to the latest league table from Adviser Rankings
Deloitte now has 68 FTSE 250 clients, having picked up 3i Infrastructure, Dairy Crest Group, Ibstock and Ferrexpo from EY, along with Aldermore Group, Barr (A.G.) and Paysafe Group from KPMG, and taking over Nex Group and Ocado Group from PwC.
Deloitte lost just two FTSE 250 clients as a result of a tender process (Halma and Vectura Group). The firm also added two clients that were elevated to the FTSE 250 (Coats Group and Melrose Industries).
The Q3 2017 quarterly corporate advisers rankings guide sees KPMG retain its top position with the highest total of stock market clients overall (391), followed by PwC with 353 and Deloitte with 258. BDO now takes joint fourth place with EY, with both firms auditing 227 companies.
PwC remains the Big Four firm with the most FTSE 100 clients (36), with KPMG gaining two clients to move into second place with 25 clients. Deloitte is third with 23, and EY fourth with 15.