Guide to Going Public
WHAT is an IPO?
| An initial public offering (IPO) is the
sale of a company's shares to the
public and the listing of shares on
a stock exchange for the first time.
Through the issuance of new shares
to the public investors, it allows a
company to raise capital in order
to build and expand its business.
Companies that are fully prepared will be able to create value and fully
leverage the IPO windows of opportunity.
Companies that have completed a successful IPO know the process
involves the complete transformation of the people, processes and
culture of the organization from a private enterprise to a public one.
Preparation is critical. Successful IPO candidates often spend two
years or more building business processes and infrastructure,
recruiting executive and advisory talent, getting in front of financial
and reporting issues, and mastering the essential board of directors'
commitments to go public. During the journey to become a public
company, an organization must prepare not only for the defining
moment of the IPO ceremony the ringing of the bell - but also for a
whole new phase of corporate life after the IPO takes place. That's
why those that outperform the market treat the IPO as a long-term
transformational process, an IPO journey.
-
The EY team is a key member of your external IPO team. EY teams
have worked with business owners and management teams of
family businesses, scaled up and high-growth companies as well as
private equity- (PE-) or venture capital- (VC-) backed companies
considering their strategic options for funding for growth, including
a public listing. EY teams are made up of professionals with
extensive, proven experience with domestic and international
capital markets. EY professionals have deep knowledge of your
industry, which allows us to create multidisciplinary teams that will
steer you onward, through and beyond your IPO, and support your
plans for growth.
This Guide to going public will give you an initial overview and
checklists of the key phases in going public from a global
perspective.
It is based on EY insights from many IPO transactions, to help you
begin your IPO value journey, so that you are well prepared to
transform your private company into a successful public company that
continually delivers value to its shareholders. With extensive
experience helping companies prepare, grow and adapt to life as a
public entity, EY teams are well positioned to take you on your IPO
journey, providing tailored support and integrated services before,
during and after your IPO.
EY IPO leaders in your region and the EY global network will serve you
from evaluating strategic options pre-IPO to setting you on the right
path to support growth post-IPO, while anticipating the expectations
of different stakeholders - from regulators, board of directors,
employees, investors and media - along the way.
Irrespective of your market or region, EY teams look forward to
exploring with you the various strategic options and each facet of
your IPO value journey.
3 | Guide to going public
EYView entire presentation