Insight

What Poshmark’s $1.2 Billion Buyout Says About Fashion Dealmaking

< BACK TO INSIGHTS

Insight

What Poshmark’s $1.2 Billion Buyout Says About Fashion Dealmaking

In light of Poshmark’s recent buyout, Matt Katz was featured in “What Poshmark’s $1.2 Billion Buyout Says About Fashion Dealmaking” in WWD about today’s changing investor expectations for IPOs.

Matt explains recent changes in the IPO market,  There were a lot of reasons for this frothiness in public markets. When the frothiness goes away, the downturn’s pretty dramatic, pretty quick. You’ve seen it for IPO markets. You’ve seen it in the activist market. You’ve seen it in the rejuvenation or restructuring markets.”

He elaborates saying, “These new players and new markets went public based on growth prospects. You anticipate and need accelerated growth above and beyond market growth in order for the IPOs to fundamentally return value.”

Read the full article here

Authors

Related Services

Recommended Insights

Insight

Three Important Operational Priorities for Life Insurance in 2024

In life insurance and annuities, the promise has always been unwavering stability and resilience. Insurance companies have adapted to the times by being measured and purposeful, living their commitment to providing long-term security. The last decade challenged this paradigm, having introduced a relentless wave of innovation, including contactless underwriting, consumer demand for digital-centric interactions, the office impact of the COVID-19 pandemic, the entry of private equity, and rapid fluctuations in interest rates, with the looming threat of declining asset values already requiring another round of new investment strategies, product revisions, and balance sheet optimizations. 

Learn More

Insight

A Painful Year Looms for Issuers of Middle-Market Consumer Credit Cards

Pierre Buhler was featured in this American Banker article outlining strategies for credit card issuers operating in an increasingly complex environment. 

Learn More

Insight

Weighing Risk and Reward with Gen AI Vendor Selection

Nick Kramer was quoted in this CIO article about things to consider when choosing a gen AI vendor. 

Learn More

Stay up-to-date with our latest news

Name(Required)