It is common sense than an uncertain global economy slows IPO activity, and yet, the IPO pipeline is at near-record levels.
In the U.S. market alone, there were more than 270 IPOs priced in 2014, up 23 percent from the prior year. And total proceeds raised reached more than $85 billion, an increase of 55 percent compared with 2013.
The IPO appeal is immense. But what companies don’t know about the process can drive an offering off the rails in a hurry. In November 2014, Protiviti held a nationwide webinar highlighting key challenges and offering tips to help companies avoid common missteps. In this article, Protiviti Managing Director Jim Deloach summarizes some highlights from the discussion.