Many commenters have questioned whether the passage of the JOBS Act has had a tangible impact on the IPO market. Recent statistics would seem to indicate that there has been some positive effect. William Blair & Company’s Equity Capital Markets Update provides some data on activity for the first half of the year. According to the report, there were 50 IPOs during the second quarter of 2013, up from 21 in the first quarter, which the report notes marks the highest total since the fourth quarter of 2010. There are a number of companies in the IPO queue (based on public filings), with 61 companies having filed registration statements in the second quarter of 2013.
Healthcare, technology and industrials are the most active IPO issuers. A significant number of companies that have recently completed IPOs or are in the IPO queue are sponsor-backed.