Friday, February 02, 2024

2023 year in review: IPOs

By John Filar Atwood

Today, John Filar Atwood examines the 2023 IPO market, which posted the lowest annual deal total since 2016. Deals dropped 14 percent year-over-year, but aggregate proceeds improved by nearly $3 billion over 2022. John discusses the dynamics that dampened investor sentiment, including the continued absence of large technology deals. He also looks back at the contribution of non-U.S. companies to the year’s IPO totals and identifies the year’s largest deals and top IPO industries. He tallies up the amount of IPO business completed during the year and names the top IPO law firms, lead managers, and auditors in the 2023 IPO Year in Review.