wallstreet

IPO Entering Seasonal High; US

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March 16, 2013

News in Reuters this week about a large sized IPO for CDW, which is a PE backed IPO, highlights a trend reported in Forbes, which says that the IPO market is reviving after a dismal period from 2007 to early 2010. Even industrial companies have gotten a warm reception from investors, it said. In 2012 technology companies dominated the IPO market, accounting for 24% of deals. But according to investment boutique Renaissance Capital, the IPOs in the pipeline span many sectors.

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