Observation, thoughts, and information.

Open IPO Window


Yesterday, the NVCA and Thomson Reuters released data showing the number of venture-backed companies going public in 2014 posted the best full year for new listings since 2000.  While an IPO exit is typically the most lucrative for investors, a strategic acquisition (M&A) can result in a very positive outcome for the company and investors alike.  Below are some data points released:

  • During full year 2014, 115 venture-backed companies went public in the United States.
  • With 455 acquisitions of venture-backed companies during the year, full year 2014 ranks as the strongest year for venture-backed M&A deals since 2012.
  • Led by the biotechnology sector, 16 of the 27 offerings during the quarter were life sciences IPOs representing 59% of total listings in the fourth quarter.
  • Just over three-quarters of the 115 venture-backed IPOs during full year 2014 listed on NASDAQ, the highest percentage since full year 2007.
  • The information technology sector led the venture-backed M&A landscape with 80 of the 95 deals of 4Q and had a disclosed total dollar value of $23.7 billion.

The press release containing additional 4Q and year-end data can be found here.