Technology Reddit Advised to Target at Least $5B Valuation in IPOThe company is reportedly targeting a valuation in the mid-single-digit billions, but the ultimate figure will depend on the IPO market’s recovery. January 29, 2024
Strategic Buyers KKR-Backed BrightSpring is First to File in 2024 for Big IPOThe home and community-based healthcare services provider backed by KKR & Co. was earlier planning to seek to raise $1 billion in an IPO. January 3, 2024
Healthcare Hamilton, Cargo Set to Debut in Two of 2023’s Last Major IPOsIPO candidates including KKR-backed BrightSpring have been reviewing their plans, with most looking to 2024. November 10, 2023
Technology Arm’s Downbeat Outlook Shows Why Wall Street is Gloomy on IPOsNone of the new IPO stocks for tech firms have come close to their intraday peaks, with Birkenstock never trading above its offer price. November 10, 2023
Financial services Wall Street Dealmakers Are Tired of Guessing When Comeback Will ArriveFive banking giants collectively posted a seventh-straight quarter of declines in investment banking fees. October 18, 2023
Private Equity Pressure to Exit Aging Assets Fuels Hope for IPO Rebound There's growing optimism for an open IPO window in 2024, as PE firms face increasing pressure to exit older investments and increase returns to LPs. October 18, 2023
Financial services World’s Biggest Sovereign Fund Buoys Recovery in U.S. IPOsIncluding Birkenstock, six of the year’s 10 biggest U.S. IPOs leaned on cornerstone investors. October 9, 2023
Food & Beverage Blue Apron Gets a Buyout Premium, But First it Had to Lose 99 PercentWonder Group, a startup backed by entrepreneur Marc Lore, offered $13 per share for Blue Apron. October 2, 2023