AHR News

US IPO Market's Green Shoots Take Root In the first quarter of 2024, the IPO market's green shoots grew further, with 30 IPOs raising a combined $7.8 billion. While deal count was in line with the 1Q23, proceeds more than tripled, thanks to the continued return of larger offerings. Fifteen US IPOs raised $100 million...read more

In February, 10 IPOs raised a combined $2.0 billion, led by early debuts from a handful of $100+ million offerings. Deal flow was led by healthcare and senior facilities provider American Healthcare REIT (AHR) and Mexican discount grocer BBB Foods (TBBB), which together accounted for nearly two-thirds of the month's proceeds raised. Activity...read more

Six IPOs priced this past week, joined by two blank check companies. One larger deal did not get done: Fortegra (TFG) pulled its $297 million offering ahead of its expected pricing. The specialty insurer had previously attempted to go...read more

American Healthcare REIT, a healthcare REIT with 298 properties in the US and UK, raised $672 million by offering 56 million shares at $12, the low end of the range of $12 to $15. American Healthcare REIT plans to list on the NYSE under the symbol AHR. BofA Securities, Morgan Stanley, KeyBanc Capital Markets, Citi, RBC Capital Markets, Barclays, and Truist Securities acted as...read more