US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

US IPOs and Secondary Offerings

AEVEX Corp (AVEX): Defense Tech Demand Fuels Powerful First-Day Aftermarket Move

Aevex Corp (AVEX): Peeking at the IPO Prospectus of a PE-Backed Defense Technology Company

AEVEX Corp (AVEX): PE-Backed Defense Technology Company Sets Terms Seeking up to $2.35b Valuation

IPOs and Secondary Offerings

Equity Capital Markets

<ul>
<li>Backed by Madison Dearborn Partners, which retains ~79% control, reflecting a typical sponsor-led IPO structure.</li>
<li>Strong Q1 revenue acceleration suggests a growth inflection, driven by key defense programs and expanding demand for unmanned systems.</li>
<li>Valuation at ~15x–16x EBITDA represents a discount to peers like Kratos Defense &amp; Security Solutions and AeroVironment.</li>
</ul>


Backed by Madison Dearborn Partners, which retains ~79% control, reflecting a typical sponsor-led IPO structure.
Strong Q1 revenue acceleration suggests a growth inflection, driven by key defense programs and expanding demand for unmanned systems.
Valuation at ~15x–16x EBITDA represents a discount to peers like Kratos Defense &amp; Security Solutions and AeroVironment.


AEVEX Corp (AVEX): Discounted Sponsor-Backed IPO Draws Interest Ahead of Market Debut