Bloomberg: IPOX® Founder Josef Schuster on the Return of PE-Backed US IPOs

A recent Bloomberg article highlights the return of private equity-backed companies to the U.S. IPO market. The piece notes that firms like NIQ Global Intelligence Plc and McGraw Hill Inc. are testing investor appetite with significant debt levels. The article examines how this leverage, and the use of IPO proceeds to pay down debt, may influence their market debut and subsequent trading performance.

IPOX® Founder Josef Schuster was quoted in the article, providing his expert perspective on the pricing and performance expectations for these types of offerings.

He commented, "Private equity-backed IPOs are usually more efficiently priced than other IPOs, so we don’t expect to see a significant pop initially." Schuster added that despite the tempered expectations for initial gains, "there’s still risk appetite in the market and the IPO window is wide open."

The article is available for Bloomberg Terminal subscribers here: https://blinks.bloomberg.com/news/stories/SYU4N0T0G1KW

Article by Anthony Hughes