Reuters: IPOX® VP Kat Liu Comments on Private Equity-Backed IPOs

In a recent article by Reuters, U.S. publisher McGraw Hill announced its plans for an initial public offering, targeting a valuation of $4.2 billion. The move highlights a broader trend of private equity-backed companies taking advantage of improved investor sentiment to enter the public markets.

The article discusses the recent ramp-up in U.S. IPO activity after a previous lull. In this context, Kat Liu, Vice President at IPOX®, provided expert commentary on the motivations driving private equity sponsors. Liu noted the strategic timing of these listings, stating, "We are seeing private equity sponsors increasingly willing to take markdowns in order to secure liquidity, while the IPO window is open."

She added that the current opportunity "feels more tactical than structural," and that "sponsors may be accelerating (listing) timelines to get ahead of potential volatility."

Read the full article by Ateev Bhandari and Pritam Biswas on Reuters:
https://www.reuters.com/business/media-telecom/textbook-publisher-mcgraw-hill-targets-42-billion-valuation-us-ipo-2025-07-14/