The Takeover Targets Emerging Out of IPO Dead Ends

This year has seen trickles of tech initial public offering activity, but there’s still a sizable list of IPO hopefuls whose public market ambitions have stalled. Bankers say that dynamic is encouraging more private companies to try to find a buyer instead.

To that end, we updated our Tech IPO Tracker to highlight the likeliest takeover targets among the private companies we’ve been keeping tabs on. Cybersecurity firms such as Snyk, and consumer startups like canned water company Liquid Death likely now make more sense as acquisition targets, as do companies that broadcast IPO ambitions in recent years but have grown quiet on that front since.