Christopher Sullivan

Sep 10, 2024 | lexology.com | William Aitken-Davies |Rohan Dey |Annie Herdman |Roger Johnson |Nicole Kar |James King | +3 more

IntroductionThe average hold period for PE sponsors is the longest it has been since 2007.[1] Liquidity, and the path to realizing it, has rarely been a greater focus for private equity investors. Traditionally, PE exits have typically taken one of two forms, often referred to as the “dual track”: (i) an IPO or (ii) a sale to a third party (whether a strategic buyer or another PE sponsor).

Jul 17, 2024 | lexology.com | Roger Johnson |Christopher Sullivan |Richard Bach |William Aitken-Davies |Rohan Dey |Adele Mosdell

Paul, Weiss, Rifkind, Wharton & Garrison LLP 4 Reformed Listing Rules: Key Changes►The new UK Listing Rules will remove the eligibility requirement for IPO applicants to have three years of financial information, revenue track record and clean / unqualified working capital statements.