Sökning: "Private Equity-Backed Initial Public Offerings"

Visar resultat 1 - 5 av 15 uppsatser innehållade orden Private Equity-Backed Initial Public Offerings.

  1. 1. Unveiling Value Dynamics: A Comparative Analysis of Underpricing and Long-Term Performance Among PE-Backed, VC-Backed, and Non-Backed IPOs in the Swedish Market

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Markus Tingvall; Jing Ni; [2023]
    Nyckelord :Initial Public Offering; Private Equity; Venture Capital; Underpricing; Long-term performance;

    Sammanfattning : This research investigates initial underpricing and subsequent long-term aftermarket performance of private equity-backed, venture capital-backed and non-backed initial public offerings (IPOs) in the Swedish market. With a sample of 401 IPOs from January 2011 to December 2021 on the Nasdaq Stockholm and Nordic Growth Market, the study delves into the distinctive firm and IPO characteristics of the three categories. LÄS MER

  2. 2. Private Equity-backed IPOs – a recipe for success?

    Kandidat-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Olof Ståhl; [2021]
    Nyckelord :IPO; Private Equity; Nordic; Underpricing; Long-term performance; BHAR; Business and Economics;

    Sammanfattning : The purpose of this paper is to study and compare the underpricing and long-term performance of Initial Public Offerings of companies backed by Private Equity-firms to Initial Public Offerings of companies not backed by Private Equity-firms on the Nordic stock exchanges between 2007-2018. The sample consists of 92 companies that have went public on any of the Nordic stock exchanges between 2007-2018, with an IPO size of at least EUR 100 million. LÄS MER

  3. 3. Does Sponsor Holding Period Affect post-IPO Performance? Evidence from Nordic Private Equity Backed IPOs

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Molly Kjessler; Christine Jansson; [2021]
    Nyckelord :Private Equity; Holding Period; Financial Sponsor; Nordic IPOs; Post-IPO Performance;

    Sammanfattning : This study examines the impact of private equity sponsors' holding period on aftermarket performance of Nordic Initial Public Offerings ("IPOs"). A manually obtained sample of 121 sponsor backed IPOs executed on the main Nordic stock exchanges between 2000 and 2016 is used to analyze one- and three year buy-and-hold excess returns depending on pre-IPO sponsor holding period. LÄS MER

  4. 4. Financial sponsors' impact on IPO underpricing: A comparison between venture capital and private equity investors

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Ebba Kjellberg; Julia Malinowski; [2021]
    Nyckelord :Initial Public Offering; Venture Capital; Private Equity; Underpricing;

    Sammanfattning : This study examines the difference in underpricing between venture capital- and private equity backed initial public offerings (IPOs). With a sample of 361 IPOs listed on the Nasdaq Nordic main market and Nasdaq Nordic First North Growth Market between January 2011 and December 2020, we show that several firm characteristics and IPO characteristics differ between venture capital backed and private equity backed issuers. LÄS MER

  5. 5. Private Equity and Capital Expenditures: What Happens After the IPO?

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Gustav Widuss; Oliver Hagman; [2020]
    Nyckelord :Private Equity; Capital Expenditures; Initial Public Offering;

    Sammanfattning : Using a sample of 1023 Initial Public Offerings (IPOs) in Europe between 2007 to 2017, we analyse how capital expenditures (capex) change following an IPO for Private Equity backed (PE-backed) IPOs compared to other IPOs. We find that PE-backed IPOs experience significantly more positive change in capex from the third year and forward compared to other IPOs, and no significant difference the first two years. LÄS MER