Guide to Going Public
The EY IPO readiness assessment:
getting IPO-ready
Are you prepared?
Once you decided to go public, you will need to map out all the
necessary steps. Advance preparation and planning are
critical. Be ready to kick-start execution when the IPO window
of opportunity opens. Getting IPO-ready in the correct
way means implementing change throughout the business,
organization and the corporate culture. As a public company,
you will be subject to increased filing requirements,
transparency, compliance, scrutiny by regulators, investors and
analysts, and overall accountability for delivering on promises.
To start the IPO planning and preparation process "on the right
foot," the EY IPO readiness assessment is a structured approach
designed to guide the company through a successful IPO
transaction to a strong debut in the IPO market. Successful IPO-
bound businesses start to prepare 12 to 24 months before the
IPO - in many cases with an IPO readiness assessment.
What are the objectives and values of the
EY IPO readiness assessment?
Our assessment is designed to guide your company through a
successful transformation from private to public status. Executives
also want to understand more of the "measures that matter"
what it takes to win in the capital markets. Typical objectives are:
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1. Define an IPO base case that would become important
information for the assessment.
2. Identify the IPO readiness gaps and assess the efforts
required to get ready.
3. Train the key people on IPO leading practices and
regulatory requirements.
4. Prioritize the gaps in an IPO road map.
Perceived values of conducting an EY IPO readiness
assessment include:
It saves costs by having transparency on how to get IPO-ready. In an
integrated approach, the assessment helps owners and managers map
out what organizational changes are needed prior to going public.
It saves time getting valuable insights in IPO leading practices.
It helps decide which options best fit your business strategies and
objectives, delivers an IPO base case and builds the road map to get
IPO ready.
It raises transaction certainty in unpredictable IPO markets. The
right team, right story, right timing and right pricing are pivotal to
success. EY teams view every IPO as transformational. It should
occur over time in a structured way that maximizes transaction
value. This is an important step in the lifecycle of the
entrepreneurial businesses we serve. Getting readiness will provide
flexibility in timing and help ensure a strong debut in the capital
markets.
It helps assess the readiness of your company to meet the
shareholders and market expectations post-IPO.
14 | Guide to going public
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