IPO

After years of false starts, the IPO market feels like it is approaching a genuine inflection point. The consensus among bankers and investors at this year’s conference was notably more optimistic than the macro backdrop might suggest. That optimism has since found its first proof point: shares in chipmaker Cerebras Systems more than doubled on its market debut after raising $5.5 billion, the largest IPO of the year, confirming that investor appetite for the right AI story is very much alive. 

After two years of muted dealmaking by private equity sponsors, we have seen a healthy pickup in M&A and IPO activity and expect more momentum through next year. 

The Jefferies 2025 Public Tech Conference brought together top bankers, investors, founders, and tech executives to discuss the sector’s key trends and developments. The insights below are drawn from interviews and panels with conference attendees. When tariff announcements rattled markets in early April, no sector took a bigger hit than technology. Public tech stocks fell

At last year’s Private Growth Conference, expectations were high that the IPO market would reopen — and by year’s end, the data looked encouraging. The Jefferies 2025 Private Growth Conference brought together hundreds of top bankers, investors, founders, and tech executives to discuss the sector’s key trends and developments. The insights below are drawn from

The serial entrepreneur — best known for founding and selling Diapers.com and Jet.com — shared insights on his latest venture: a food service platform that’s redefining restaurant economics.

At Jefferies’ Private Growth Conference, sector leaders discussed the trajectory of AI adoption and how it’s shaping dealmaking in 2025.

We recently spoke with Evan Osheroff, Jefferies’ Managing Director of Software Investment Banking, to get his take on what’s shaping the technology market and where it’s headed.

We recently met with Kumin at the Jefferies Private Internet Conference in Los Angeles, where we explored his vision for AI’s future and its impact on growth investing within private equity.

Heitzmann believes, “we will have an IPO or two in the next twelve months, and then we think 2025 will be as close to normal as we have seen in years.”