Ipo Pipeline Surges to Highest Level Since 2007, According to Ernst & Young Llp ; Technology and Chinese Companies Drive Activity Among Current Ipos and New Registrants

U.S. Newswire › January 20, 2011

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Summary

NEW YORK, Oct. 26 /PRNewswire/ --The IPO pipeline reached a total of 133 companies in registration by the end of Q3 2010, representing 19% growth over the Q2 2010 total of 112, according to the quarterly Ernst & Young LLP US IPO Pipeline study. Total dollars also grew to $26.4 billion, a quarterly increase of 4%.

Average deal size decreased by 12% to $198 million, showing stronger interest from smaller companies in going public. Also for Q3, 70 registrants are seeking $100 million or less, compared to 59 registrations at that level for Q2.

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Ipo Pipeline Surges to Highest Level Since 2007, According to Ernst & Young Llp ; Technology and Chinese Companies Drive Activity Among Current Ipos and New Registrants

Nineteen of the companies registered to go public in the US are from foreign countries - mostly China. Interestingly, all 16 of the China-based companies in the pipeline filed to raise $100 million or less...

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