Knowledge@Wharton Takes On PE-Sponsored IPO Landscape
When private equity firms buy a company they don’t want to hold onto it forever, and one of the standard exit strategies is to take it public (not always for the first time) with an IPO. But there just wasn’t enough appetite for new offerings among investors after the financial crisis and the pace of IPOs collapsed, leaving a long queue now that the market has improved.
“March proceeds are up 143% against last . . .
SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.
|
