Goldman Sachs Tech ECM Head Sees IPOs More Than Doubling in ’25
- Will Connolly expects rate of tech IPOs may return to average
- Private equity set to ‘play a meaningful role’ in 2025
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A more active market for first-time share sales will lead to a pickup in technology firms going public, according to a senior Goldman Sachs Group Inc. banker.
The number of tech initial public offerings will “likely more than double” in 2025, with the rate of companies debuting by the end of the year getting more in line with an annual average of about 34, said Will Connolly, the Wall Street bank’s head of technology equity capital markets.