- Public-to-private (P2P) deals involving recently IPO'd companies on the rise.
- 80% of private equity transactions in 2023 have been take-privates.
- Public market failure indicated by the trend.
- P2P2Ps (private-to-public-to-private) happening despite companies meeting expectations.
- Public equity market dysfunction causing companies to go private.
Why are so many newly floated companies being taken private?
Diagnosing the P2P2P phenomenon
Craig Coben
