An EY partner: "Private equity-backed IPOs will lead the recovery of the European market."

Although the number of initial public offerings supported by private equity in Europe is not large, their impact is huge. According to a report from the consulting and accounting firm EY, companies backed by private equity only accounted for 13% of the total number of IPOs in Europe last year, but they raised 60% of the total funds. This ratio is much higher than the global average. EY stated that as investors increase their efforts to exit investments in order to release capital, this growth trend is expected to continue until 2026. Due to a lack of confidence in secondary market exits and increasing dissatisfaction with delayed dividend payments, the need for liquidity has become particularly urgent. Martin Steinbach, head of IPOs for EY in Europe, the Middle East, India and Africa, stated that they expect the share of IPOs supported by private equity to further increase. "There will come a point where the tide turns, and 2026 has the potential to prove this," he said.