A Robust Tech & Health Care IPO Outlook for 2014

By StateTrust Investments

Miami-based StateTrust Investments, Inc., offers a coordinated approach to the management of assets. Among StateTrust Investments’ areas of expertise are new issues and initial public offerings (IPOs). The first quarter of 2014 has witnessed explosive IPO growth, with January and February alone having 37 IPOs (as compared with 31 a year earlier). Although the average transaction size declined by nearly one-third, overall proceeds rose by more than 25 percent, making investors happy. These figures underscore the fact that intense market dynamism has reemerged, with the level of initial filings the highest in more than 10 years.

Introduction

The IPO pipeline is abundant in technology and health care companies, which together represent nearly 70 percent of filings. In the tech sector, Coupons.com and Care.com, as well as the enterprise data security software firm Varonis Systems, were among the most prominent early filers. The latter firm’s stock increased by 100 percent shortly after it went public. The 2014 IPO pipeline is dominated by SaaS tech companies, whose prospects have been bolstered by Varonis Systems’ strong performance.

About the IPO Pipeline

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Conclusion