In the recent analysis of the 2024 IPO market, prevailing trends from the early days of 2022 persisted, characterized by an increase in both the quantity and total volume of initial public offerings. Despite this growth, the market figures still lag behind the soaring heights of the pandemic boom years of 2020-2021.
Among the most noteworthy public offerings in 2024 was that of Lineage Inc., a global temperature-controlled warehouse REIT, which led the pack. In July, Lineage Inc. raised more than $5.1 billion, making it the largest IPO of the year. Not far behind was the IPO of Standardaero, an aircraft parts and equipment manufacturer, which raised over $1.6 billion in the fourth quarter, marking it as the next largest offering of 2024.
The performance of these IPOs suggests that while interest in public offerings remains substantial, the market is adjusting from the frenetic activity witnessed during the pandemic. For further details and insights into the IPO market trends and specific company performances, you can read the complete analysis on Bloomberg Law.