When you’re pursuing an IPO, public debt issuance or another type of capital market event, having an advisor with the right experience and insight can make the difference in helping you achieve your objectives. You can focus on other crucial decisions and be ready when the capital market window opens.
The IPO is a transformational event, requiring many different parts of the business to work together toward a common goal. There will be multiple workstreams, from drafting the registration statement, to preparing and auditing financial information, structuring, creating new governance structures, preparing for the roadshow, and preparing the organization for life as a public company. For many companies this will present a significant cultural shift and adjustment period. As parts of the company start to collaborate on getting ready, management can’t allow itself to be distracted from day-to-day operational execution. Improved business fundamentals will improve your chances for a successful transaction.
We advise clients throughout the life cycle of the IPO process, from pre-IPO readiness preparation to the offering process and beyond.
Help your clients think through what it takes to go public.
PwC's Deals Practice Managing Director, Daniel Klausner, Capital Markets, discusses the banker selection process for IPOs.
PwC US Capital Market Leader Neil Dhar discusses what type of advice companies are looking for and PwC's insights.
PwC Deals Partner Mike Gould discusses three of the most important things you should do before going public and what is entailed in conducting a readiness assessment.
We recently surveyed 150 institutional investors that invested in IPOs in 2015. Sophisticated investors are asserting more control over the information flow during the IPO process and have access to more information than before.
Our publication identifies and assesses activity and trends in both the US equity and debt capital markets in 2015. Equity transactions include initial public offerings (IPOs), follow-ons, and convertible transactions for companies listed on the NYSE or NASDAQ.
The US IPO market slowed in 2015, unable to maintain the 2013 and 2014 IPO levels, which were the highest since the technology boom of the late 1990s.
In the past few years, more companies have reported material weaknesses in advance of their IPO. With the timing of this disclosure, companies are alerting investors but also disclosing remediation plans in their initial registration statements.
The landscape for initial public offerings (IPOs) has dramatically changed from just three years ago, with 2014 setting a record for the most IPOs in terms of volume and proceeds raised in 14 years.
Achieving success in executing an IPO requires connecting many pieces of a complex puzzle, some of which are outside of the control of company management and its stakeholders. One thing companies can control is their own IPO preparation process.
The improving U.S. macro environment, record low interest rates, the stock market’s steady rise, and overall low volatility all contributed to strong U.S. capital markets in 2014. These market dynamics also drove initial public offering (IPO) volume leading to value highs not seen since 2000.
A successful IPO depends on a thorough understanding of how non-GAAP measures can impact the way your company is viewed by potential investors.
Going public is a transformational event that pushes company into view of regulatory, investor, and analyst scrutiny. Companies that delay getting their risk management, compliance and compliance infrastructure in order until after the IPO may be jeopardizing their ability to reap the full benefits of going public. This paper lays out steps that will help companies establish a foundation and cover the company’s critical risks and controls, both pre-and-post IPO.
In recent years, a number of factors have been driving an upward trend in global debt and equity issuance. As markets and businesses become increasingly global, the decision of choosing the right exchanges becomes more challenging. A number of factors must be considered to reveal the best options, and planning early can help your company comply with listing requirements and alignment of stakeholder timelines.
This publication highlights five key governance considerations you’ll want to keep in mind as you contemplate a public offering.
This publication is a guide to help both directors and executives of companies planning an IPO think through the many governance decisions needed. It creates context for the IPO and the directors’ roles and covers building the board, understanding the myriad governance influences, providing proper protection for directors, and preparing for your first year as a public company.
Going public is a monumental decision that forever changes the way an organization does business. Once listed, a company will be under greater public scrutiny and will have to comply with a range of continuing obligations. Thinking through the requirements and developing an appropriate plan can reduce unexpected pre-initial public offering (IPO) work and post-IPO issues.
The cross-border IPO is here to stay. This in-depth report from PwC and Baker & McKenzie, supported with data and interviews with capital markets players, explores how we got here, what’s driving the growth, and where this important trend is leading.
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