2014 BDO IPO Outlook

January 2014

By any measurement, 2013 was an exceptionally strong year for initial public offerings (IPOs) on U.S. exchanges with virtually every statistical category - offerings (+73%), proceeds (+29%) and filings (+83%) - up significantly from 2012. Moreover, IPOs delivered an overall average return of close to 40 percent last year, the best performance of this century.*

According to the 2014 BDO IPO Outlook, BDO USA's annual survey of capital markets executives at leading investment banks, there were multiple catalysts for last year's strong showing.
 
*Renaissance Capital is the source of all historical data related to number and size of U.S. IPOs