The September 2015 M&A Predictor reveals the recent flattening of the IPO market has opened up buying opportunities for trade buyers and private equity firms.
Despite media attention six months ago around a full IPO pipeline for 2015, just one float has actually been executed to date. This has left more opportunities for trade and private equity buyers – with Australian PE buyers being particularly active in getting deals across the line. A number of mid-market and large-cap Australian funds are heading towards the latter stage of their investment period, which is driving interest in available New Zealand-based opportunities.
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