2021 was a good year for deal-making, but one type of big transaction stood out – initial public offerings.
Nationally, this is the hottest year in history for companies going public. Wall Street Journal reported in November that so far, more than 900 companies had gone public in 2021, raising nearly $300 billion.
In the Valley region, the largest deals of the year features three important IPOs. Glendale-based LegalZoom.com Inc. went public in June, completing a goal that had eluded the online document provider since 2012, when it first announced and later canceled a public offering.
Zevia Inc., the non-sugar soda manufacturer in Encino, also staged an initial public offering this year, as did Dole Foods.
Read the full story in the Dec. 6 issue of the San Fernando Valley Business Journal.