Private equity firms and venture capital firms looking to gain liquidity and show off returns to LPs brought more companies to equities markets in 2010 than in either of the past two years, according to a PricewaterhouseCoopers IPO report. And they are heading out of 2010 with a bang.
PwC sees good times ahead. "[We] expect continued momentum in U.S. IPO market activity as we enter 2011," Scott Gehsmann, a capital markets partner in PwC’s Transaction Services practice, said in a prepared statement.
The PwC report jibes with peHUB's post last month that the "VC-backed IPO Market is Kicking Major Butt."