EY estimates 2013 will ring up around 222 U.S. IPOs. As Xconomy reports, that will make 2013 “the best year for IPOs since 2005, when EY counted 224 with total proceeds of nearly $40.5 billion.”
“Investors have had the opportunity to engage with a variety of companies in the pipeline and their appetite for risk has returned,” said Jackie Kelley, an EY partner in Irvine, Calif., who leads the firm’s IPO advisory services in the Americas.
Be sure to read the full article for how EY came up with its estimates, and EY’s outlook for 2014.
U.S. IPO Activity in 2013 on Track for Highest Level in 9 Years