The three most important IPOs of 2017

The year 2017 was a notable one for Initial Public Offerings (IPOs), characterized by a resurgence in activity and several high-profile public debuts across various industries. Disagree with our list? Here is a comprehensive listing of 2017 IPOs.

One of the most significant IPOs of 2017 was that of Snap Inc., the parent company of the popular multimedia messaging app Snapchat. Snap Inc.’s IPO took place on March 2, 2017, and garnered significant attention from investors and the media. The company raised approximately $3.4 billion in its IPO, making it one of the largest tech IPOs in history at the time.

Another notable IPO in 2017 was that of Canada Goose Holdings Inc., a Canadian luxury apparel brand known for its high-quality outerwear. Canada Goose went public on March 16, 2017, raising approximately $340 million in its IPO. The company’s IPO marked a significant milestone in its history and provided it with additional capital to support its growth and expansion plans.

Other notable IPOs in 2017 included those of companies like Roku, Blue Apron, and Stitch Fix, each of which attracted significant investor interest and showcased the diversity of industries represented in the IPO market that year.

Overall, 2017 was a robust year for IPOs, with a strong pipeline of companies going public and investor enthusiasm driving significant activity in the public markets. The year’s IPOs highlighted the continued appetite for new investment opportunities and the potential for innovative companies to attract capital and achieve success in the public markets.

Snap IPO

Snap Inc. is a technology company that’s made a significant impact with its flagship product, Snapchat. Born out of the creative minds of Evan Spiegel, Bobby Murphy, and Reggie Brown, while they were students at Stanford University in 2011, Snapchat quickly gained popularity for its unique approach to messaging. Snapchat allows users to send photos, videos, and messages, known as “snaps,” to friends and followers. What sets it apart is the ephemeral nature of its content – snaps typically disappear after they’ve been viewed. This concept of temporary sharing resonated strongly, especially among younger users.

Over time, Snapchat evolved beyond messaging. It introduced Stories, where users could post photos and videos to a 24-hour chronological collection. Discover, another feature, offers content from publishers, brands, and creators, diversifying Snapchat’s appeal. Snap Inc. further expanded with ventures like Snap Map, letting users see where their friends are on a map in real-time. Lenses and Filters, with their augmented reality effects, brought a new level of creativity to snaps. The company ventured into hardware with Spectacles, sunglasses with a built-in camera for capturing snaps. It’s also delved into augmented reality technology and digital advertising, leveraging its user base and technology for innovative marketing solutions. Snap Inc. went public in 2017 with its IPO, further solidifying its position as a key player in the social media and technology landscape. Despite challenges and competition, the company continues to innovate and introduce new features, keeping Snapchat relevant and engaging for its users.

Snap Inc.’s Initial Public Offering (IPO) took place on March 2, 2017, marking a significant moment in the company’s history. The IPO was one of the most highly anticipated tech IPOs in years, drawing attention from investors, analysts, and the media worldwide. Snap Inc. offered 200 million shares of Class A common stock to the public at a price of $17 per share, valuing the company at approximately $24 billion. The IPO raised $3.4 billion in total, making it one of the largest tech IPOs in recent memory. The IPO was notable not only for its size but also for the excitement and hype surrounding the company and its flagship product, Snapchat. Snapchat had quickly become one of the most popular social media platforms, particularly among younger users, and investors were eager to buy into the company’s potential for further growth and monetization. Following its IPO, Snap Inc. began trading on the New York Stock Exchange (NYSE) under the ticker symbol “SNAP.” The stock price surged on its first day of trading, closing at $24.48 per share, a 44% increase from its IPO price. Despite the initial enthusiasm, Snap Inc. faced challenges in the months and years following its IPO, including slowing user growth and increased competition from rivals like Facebook and Instagram. However, the company continued to innovate and introduce new features and products to attract users and advertisers, demonstrating its resilience and commitment to long-term success.

Canada Goose IPO

Canada Goose is a renowned Canadian luxury apparel brand known for its high-quality outerwear, particularly its iconic down-filled jackets. Founded in 1957 by Sam Tick in Toronto, Canada Goose initially focused on manufacturing woolen vests, raincoats, and snowmobile suits for outdoor enthusiasts and workers in cold climates. Over the years, Canada Goose evolved into a global fashion brand, gaining recognition for its commitment to craftsmanship, functionality, and performance. The brand’s signature parkas and jackets are designed to withstand extreme weather conditions, making them popular among outdoor adventurers, celebrities, and urban dwellers alike.

Canada Goose’s reputation for quality and authenticity has been a key driver of its success, with the brand expanding its product lineup to include a wide range of outerwear, knitwear, and accessories. Despite its luxury status, the company maintains its Canadian roots, manufacturing the majority of its products in Canada and sourcing materials from sustainable and ethical suppliers. In recent years, Canada Goose has also made strides in sustainability and social responsibility, implementing initiatives to reduce its environmental footprint and support indigenous communities in Canada. Despite facing challenges related to the COVID-19 pandemic and changing consumer trends, Canada Goose remains a beloved brand synonymous with warmth, style, and adventure.

Canada Goose Holdings Inc. conducted its Initial Public Offering (IPO) on March 16, 2017. The IPO marked a significant milestone for the Canadian luxury outerwear brand, allowing it to become a publicly traded company on both the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the ticker symbol “GOOS.” During the IPO, Canada Goose offered 20 million subordinate voting shares to the public at a price of $17 per share, raising approximately $340 million in total proceeds. The IPO was oversubscribed, indicating strong investor demand and confidence in the company’s growth prospects. The IPO provided Canada Goose with additional capital to fuel its expansion plans, including investments in marketing, retail expansion, product innovation, and international growth. The company’s decision to go public reflected its confidence in its brand, products, and long-term strategy, as well as its desire to access public capital markets to support its growth trajectory.

Following its IPO, Canada Goose continued to experience strong demand for its products, expanding its presence in key markets around the world and diversifying its product offerings. The company’s stock performance has been positive overall, reflecting investor optimism about its growth potential and its position as a leading player in the luxury outerwear market. Overall, Canada Goose’s IPO marked a significant moment in its history, providing the company with the resources and visibility needed to continue its growth trajectory and strengthen its position as a global luxury brand.

Jeld-Wen IPO

Jeld-Wen is a leading manufacturer of windows, doors, and other building products, known for its commitment to quality, innovation, and sustainability. Founded in 1960 by Richard “Dick” Wendt in Klamath Falls, Oregon, Jeld-Wen began as a small millwork operation before expanding into a global corporation with operations in North America, Europe, Asia, and Australia. The company’s success is built on its dedication to craftsmanship and customer satisfaction, offering a wide range of high-performance products designed to enhance the beauty, comfort, and efficiency of homes and buildings. Jeld-Wen’s product portfolio includes windows, doors, garage doors, and other building components, available in various styles, materials, and configurations to meet the diverse needs of homeowners, architects, and contractors.

In addition to its focus on product quality and innovation, Jeld-Wen is committed to sustainability and environmental stewardship, implementing initiatives to reduce waste, conserve resources, and minimize its carbon footprint throughout its operations. The company prioritizes the use of sustainable materials and manufacturing practices, as well as the development of energy-efficient products that help customers reduce their environmental impact. Jeld-Wen’s dedication to excellence has earned it a reputation as a trusted partner in the building industry, with a strong presence in both residential and commercial markets. The company’s continued investment in research and development, along with its focus on customer service and satisfaction, positions it for continued success and growth in the years to come.

Jeld-Wen Holding, Inc. conducted its Initial Public Offering (IPO) on January 26, 2017. The IPO marked a significant milestone for the company, providing it with an opportunity to become a publicly traded entity on the New York Stock Exchange (NYSE) under the ticker symbol “JELD.” During the IPO, Jeld-Wen offered 25.9 million shares of its common stock to the public at a price of $23 per share, raising approximately $596 million in total proceeds. The IPO was well-received by investors, reflecting confidence in the company’s growth prospects and market position in the building products industry. The funds raised from the IPO were intended to be used for various purposes, including reducing debt, funding growth initiatives, and general corporate purposes. Jeld-Wen’s decision to go public was driven by its desire to access public capital markets to support its expansion plans and enhance shareholder value.

Following its IPO, Jeld-Wen continued to focus on innovation, product development, and strategic acquisitions to strengthen its position as a leading manufacturer of windows, doors, and other building products. The company’s stock performance has been positive overall, reflecting investor optimism about its growth potential and financial performance. Overall, Jeld-Wen’s IPO marked a significant moment in its history, providing the company with the resources and visibility needed to pursue its strategic objectives and capitalize on opportunities in the dynamic building products market.