Israel outpaces all other countries for London IPOs
Last year was a banner one for Israeli exits – and especially for IPOs, according to the IVC Research Center and Meitar Liquornik Geva Leshem Tal law firm. Altogether, some two dozen Israeli companies went public in 2014, accounting for $2.1 billion of the nearly $7 billion raised in 99 Israeli tech exits.
Most of those IPOs were on the NASDAQ, but London turned out to be a close second. Nine Israeli firms listed on the London Stock Exchange, two on the Main Market (for well established companies) and seven on the AIM, the international Alternative Investment Market for smaller start-ups. More Israeli firms went public in London than from any other country, other than the UK itself.
To celebrate, some 30 CEOs and CFOs of Israeli companies took part last week in an event with representatives of the London Stock Exchange, organized by UK Trade & Investment at the British Embassy in Israel. The British Embassy, as the representative of the London Stock Exchange in Israel, assists Israeli companies in raising funds in London.