Navigating the Path to an IPO for middle-market companies in 2025
E78 Partners
MARCH 3, 2025
The healthcare sector, in particular, continues to lead IPO filings, with multiple biotech companies entering the market in 2025 [ Renaissance Capital ]. Common non-GAAP metrics include EBITDA, adjusted EBITDA, free cash flow, and revenue growth metrics. These metrics should: Align with the company’s strategic narrative.
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