This is a “is the glass half full or half empty” report. Personally, I don’t find 34 companies for ALL of Europe to be that exciting (the US had 67). Thirty-four companies for the UK alone would be a respectable number.
Yes, things have improved since 2003’s paltry 9 IPOs, but there is still plenty of room to grow. Additionally, if the £3 million “IPO” on London’s AIM and OFEX markets are included in those figures, then I am truly dissapointed with last year’s figures.
More at (free subscription req’d): PrivateEquityOnline.com.