A new report suggests that, whilst the EU referendum had a “significant impact” on IPO (initial public offering) listings in 2016, the number of IPOs this year is set to rise.
A spokesperson for the latest IOP Eye report says: “Currency fluctuations have meant IPOs have continued to have to price themselves at the lower end to attract investors. This low price point has led to a number of potential IPOs being withdrawn from the market, and is the main cause of the lack of activity. Looking ahead, once the political dust settles on both sides of the Atlantic, we are likely to see an uplift in activity in 2017.”
At Beavis Morgan, we provide specialised services to a range of business sectors including acting as the reporting accountant on IPOs and leading financial due diligence teams reporting to private equity houses, banks and corporate entities.
We too are entrepreneurs and have done deals as principals and as advisers to clients. Our strong corporate finance and advisory offering, as well as our understanding of priorities for all stakeholders in the often challenging sale process, positions us well to assist in both the buying and selling of businesses.