London IPO Activity to Increase by Year End
The London Stock Exchange is expecting a surge in initial public offering (IPO) activity by the end of the year, according to the head of broker Cavendish.
London IPO Market
The London IPO market has been relatively quiet in recent months, with only a handful of companies going public. This is in stark contrast to the same period last year, when the London Stock Exchange saw a flurry of activity.
However, Cavendish CEO Mark Brown believes that the market is set to pick up in the coming months. He said that the market is “very much in a holding pattern” at the moment, but that there is “a lot of activity in the pipeline”.
Brown believes that the market will be “very active” by the end of the year, with a number of companies looking to go public. He added that the market is “very attractive” for companies looking to raise capital, as there is a “huge amount of liquidity” available.
Brexit Impact
The Brexit transition period is due to end in December, and Brown believes that this could have a positive impact on the IPO market. He said that the uncertainty surrounding Brexit has been a “major factor” in the lack of activity in the market, but that this could change once the transition period ends.
Brown believes that the end of the transition period could provide a “much-needed boost” to the IPO market. He added that the market could be “very active” in the first quarter of next year, as companies look to take advantage of the increased certainty.
Cavendish’s Role
Cavendish is one of the leading brokers in the London IPO market, and Brown believes that the firm is well-positioned to take advantage of the expected surge in activity. He said that the firm has a “strong track record” of helping companies go public, and that it is well-placed to help companies navigate the IPO process.
Brown added that Cavendish is also well-placed to help companies access the capital they need to grow. He said that the firm has a “strong network” of investors, and that it is well-placed to help companies access the capital they need to grow.
Conclusion
The London IPO market has been relatively quiet in recent months, but Cavendish CEO Mark Brown believes that this is set to change in the coming months. He believes that the market will be “very active” by the end of the year, and that the end of the Brexit transition period could provide a “much-needed boost” to the market. Cavendish is well-positioned to take advantage of the expected surge in activity, and to help companies access the capital they need to grow.