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

SailPoint, Inc. (SAIL) -- IPO Price Range Increased; Software Order Book Demand Is Fever Pitch

SailPoint Inc (SAIL): Upwardly-Revised, Upsized IPO Falls Flat on Day One

SailPoint, Inc. (SAIL) Six Month Summary: A Textbook Case of an IPO Overreach

SailPoint, Inc. (SAIL) -- Thoma Bravo Backed Cybersecurity Company Ready for IPO (Again)

SailPoint, Inc. (SAIL) -- First Software IPO of the Year: Thoma Bravo Seeking $11.5b IPO Valuation

SailPoint IPO Valuation Update: Modest Upside, Only ~$690M Will Be Used To Repay a Portion Of Debt

SailPoint IPO Valuation Analysis: Paying Debt With IPO Proceeds and $1B+ ARR in FY26

IPOs and Secondary Offerings

Equity Capital Markets

Sailpoint Technologies Holdings / Equity Capital Markets

Sailpoint Technologies Holdings (SAIL US)

<ul>
<li>The first software IPO of 2025 is checking all the boxes and is expected to deliver strong returns versus issue price when it debuts on February 13th.</li>
<li>There are currently two anchor orders on this deal which have each indicated for up to 20% of the offering (AllianceBernstein &amp; Dragoneer Investment Group). </li>
<li>The IPO market is “eager and ready” for the technology window to open up. We like the risk-reward profile of this deal at this time. </li>
</ul>


The first software IPO of 2025 is checking all the boxes and is expected to deliver strong returns versus issue price when it debuts on February 13th.
There are currently two anchor orders on this deal which have each indicated for up to 20% of the offering (AllianceBernstein &amp; Dragoneer Investment Group). 
The IPO market is “eager and ready” for the technology window to open up. We like the risk-reward profile of this deal at this time. 


セイルポイント社（SAIL） - 2025年初のソフトウェアIPOに投資家が殺到し、大成功を収めると予想