A growing number of newly public companies are racing back to private ownership after discovering that an IPO isn’t always all it’s cracked up to be.
Of the hundreds of companies that went public in the boom years of 2020 and 2021, 10 have already agreed to sell themselves to private-equity firms, according to Dealogic. Of those that went public in 2018 or 2019, only eight have gone private in the ensuing years.
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