U.S. IPO Market Continues Momentum in Second Quarter

FOR IMMEDIATE RELEASE
New York, New York, United States of America (Free-Press-Release.com) August 15, 2011 -- The U.S. market for initial public offerings (IPOs) continued its strong momentum during the second quarter, with IPO proceeds reaching $12.4 billion, the highest Q2 proceeds since 2008, according to new figures released recently.

Excluding Visa's record-breaking IPO in 2008, it marked the highest Q2 proceeds since 2000. This is what we believe shows the 194% increase over the 2009/10 was driven by the return of large financial sponsor-backed offerings.

"This is one of the best first quarters we've seen in years, demonstrating the increasing attractiveness of the U.S. IPO markets for generating capital and providing liquidity for financial sponsors," said Andrew J. Ryan, Chief Officer of Mergers & Acquisitions with TM Capital.

"Based on the second quarter results and insights into the deal pipeline, we are optimistic that the momentum will continue for the remainder of the year and potential issuers will look to capitalize on the rebounding IPO market."

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