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

Reformation (REF): Disciplined Pricing Helps Fashion Brand Deliver a Steady Market Debut

Reformation Inc. (REF): Peeking at the IPO Prospectus of a Womenswear Brand

Reformation Inc. (REF): Womenswear Brand to Test Market, Sets Terms Seeking $1.0b Valuation

IPOs and Secondary Offerings

Equity Capital Markets

<ul>
<li>Consistent execution. Twenty-one consecutive quarters of double-digit revenue growth and five straight years of profitability highlight exceptional operating discipline.</li>
<li>Loyal customer base. High repeat purchasing and efficient organic customer acquisition drive industry-leading marketing efficiency and support premium margins.</li>
<li>Strong business, premium valuation. Reformation combines attractive growth with profitability, though a roughly 17x EBITDA multiple leaves little room for execution missteps.</li>
</ul>


Consistent execution. Twenty-one consecutive quarters of double-digit revenue growth and five straight years of profitability highlight exceptional operating discipline.
Loyal customer base. High repeat purchasing and efficient organic customer acquisition drive industry-leading marketing efficiency and support premium margins.
Strong business, premium valuation. Reformation combines attractive growth with profitability, though a roughly 17x EBITDA multiple leaves little room for execution missteps.


Reformation (REF): Premium Brand, Premium Price: Investors Weigh Reformation's IPO