Deloitte is a fully private entity, so there are currently no realistic methods for most investors to gain some exposure. There has never been a Deloitte IPO date, and since it can’t be found on stock exchanges, options for investing are limited.
The only people able to own equity in Deloitte are its executive employees. While the company may decide to go public at some point in the future, this doesn’t look likely as things stand. Deloitte and the other three companies in accountancy’s ‘Big Four’ are all privately owned.
To understand Deloitte’s modern-day business structure, let’s dive into the company’s history.
About Deloitte: A 178-year history filled with major mergers and acquisitions
Deloitte Touche Tohmatsu Limited, usually referred to as Deloitte, has been characterized by mergers and acquisitions since it first came into existence in the 19th Century. The company rode the wave of growing demand for professional business services after private equity was introduced during the Industrial Revolution, at a time when accounting and legal requirements for running a business began to take off.
William Welch Deloitte founded Deloitte in 1845 as an independent contractor before expanding to the US in 1890. Since then, Haskins, Sells, Niven, and Touche Ross — all major competitors at the time — have each been merged with the brand. Deloitte is now considered to be among the world’s ‘big four’ accountancy firms, with KPMG, PwC, and EY making up the remaining spots.
More than 330,000 people now work for the company, which has a presence in 150 countries. Deloitte is a well-regarded global enterprise that has experienced consistent expansion since its inception and continues to see revenue growth to this day. The company has now enjoyed growth for 14 consecutive years since 2009.
Deloitte revenue growth 2006-2022, via Statista
How to invest in Deloitte?
Deloitte is a private company, and the only people who are able to own equity are its partners. So, the only way a prospective investor can gain exposure is if they have several decades’ worth of time on their hands and are willing to forego all other desires in order to become a partner. Otherwise, tough luck!
Will there be a Deloitte IPO?
As things stand, there are no plans for a Deloitte IPO date, and the company looks likely to remain private for the foreseeable future. While Deloitte may decide to change its company structure at the discretion of its shareholders, general consensus is that this is unlikely to occur.
Deloitte has always been a private company, and its continued revenue growth indicates that the company currently does not need to raise funds with a public offering. However, if things change in this regard, then a Deloitte IPO date could possibly be set in the future.
How to invest in Deloitte FAQs
Is Deloitte on the stock market?
Deloitte LLP is not currently available on any stock exchange because the company is privately owned. Each of Deloitte’s subsidiary companies is also a private entity, including Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP, and Deloitte Transactions and Business Analytics LLP.
As things stand, none of the companies in the Deloitte Group can be found on the stock market.
Who owns Deloitte now?
Deloitte is owned by its partners, as the company is a limited liability partnership (LLP). All shares are owned by the business leaders, and the only way to gain equity is by rising through the ranks and becoming a partner at the firm.
When is the Deloitte IPO date?
As things stand, there are no plans to announce a Deloitte IPO date. This may happen if the company decides that it needs to raise funds from the public, but general consensus is that this is unlikely to occur.
The bottom line: Deloitte is not a publicly traded company, and there are no plans for an IPO
Being one of the big four accountancy firms, demand for a Deloitte IPO is widespread. However, the company has become a global giant with offices in 110 cities around the world without ever raising funds through an initial public offering. As things stand, it looks unlikely that Deloitte’s current partners will change the business structure.
In fact, none of the big four accountancy firms are publicly traded. Each operates using a similar business structure to Deloitte, which further indicates that the companies are unlikely to announce a public offering.
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Source: https://coincodex.com/article/32572/deloitte-stock/