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

Phoenix Education Partners (PXED): A Private-Equity Backed IPO Defying 2025 Trends with Strong Debut

Phoenix Education Partners (PXED): Higher Education Company Sets Terms for IPO

Phoenix Education Partners (PXED): Peeking at the Prospectus of Next Higher Education IPO

IPOs and Secondary Offerings

Equity Capital Markets

Phoenix Education Partners / Equity Capital Markets

<ul>
<li>Management anticipates revenue growth of 5.6–6.1% with stronger performance in the second half, supported by high retention.</li>
<li>The offering was smartly sized to balance investor demand with available float—an important consideration for a deal that could have otherwise been a challenging sell.</li>
<li>They anticipate paying a cash dividend of $0.84 per year which results in a 2.6% yield if the offering prices at the midpoint of the $31-$33 range.</li>
</ul>


Management anticipates revenue growth of 5.6–6.1% with stronger performance in the second half, supported by high retention.
The offering was smartly sized to balance investor demand with available float—an important consideration for a deal that could have otherwise been a challenging sell.
They anticipate paying a cash dividend of $0.84 per year which results in a 2.6% yield if the offering prices at the midpoint of the $31-$33 range.


Phoenix Education Partners (PXED): Apollo-Backed Education IPO Sees Cautious Demand