Transcript
Page 1: EY Private Equity public exits Q3 2013

Private equity, public exits Q3 2013

YTD

val

ue

US$16.8bUS$29.7b

2012 2013

77% increase

YTD

vol

ume

85

2012

109

2013

28% increase

Americas still has largest share of proceeds, but return of IPO markets in EMEA is the big story

US$2.2b across 4 deals to US$9.0b across 20 deals versus last year

US$3.1b across 26 deals to US$2.4b across 26 deals versus last year

Record amounts of follow-on equity offerings

‘12

US$21.6bUS$35.4b

US$21.2b US$23.7b

Q3 2013Q2 2013Q1 2013Q4 2012

‘13

Top sectors − by proceeds

US$11.5b across 56 deals to US$18.3b across 64 deals versus last year

Healthy pipeline70 PE-backed companies have recently filed for IPOs and could raise US$17.7b

US$17.7b

PE-backed deals raised 36% of

global IPO proceeds in 2013

Strong post-IPO performance

Americas up 60%

EMEA up 319%

Asia Pacific down 25%

US$5.3bFinancials

(12 deals)

US$4.3bHealth care

(22 deals)

US$4.2bMaterials

(13 deals)

US$3.9bConsumer

goods(11 deals)

PE-backed IPOs, value and volume 2012 vs. 2013

PE-backed IPO proceeds by region

62%Americas

30%EMEA

8%APAC

MSCI World Index through

30 Sep

Average change from offer through

30 Sep

Average one-day change from offer price

12.7%

15.3%

18.1%

© 2013 EYGM Limited. All Rights Reserved. 1310-1144620 SCORE no. FR0102 ED None

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