Canada’s IPO market posts best H1 result in five years: PwC
Canada’s initial public offering (IPO) market continued to show signs of recovery in the second quarter of 2017, with six new TSX issues generating more than $2.3 billion in proceeds, according to a survey by PwC. Private equity- and venture-backed IPOs, including those of Real Matters Inc, Source Energy Services Ltd and STEP Energy Services Inc, contributed to the result. PwC said activity at the end of June, reflected in 16 IPOs accounting for $2.9 billion, marked the best first half in the past five years. Dean Braunsteiner, PwC's national IPO services leader, said demand for new issues has not yet been matched by supply.
4 July 2017•4 mins read
