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The PIPEs Report Sees Growth at the End of Q2 2016NEW YORK, July 14, 2016 /PRNewswire/ -- The PIPEs Report, a service of The Deal (a business unit of TheStreet Inc. (NASDAQ: TST)), that covers the private-investment-in-public-equity financing market, has issued a quarterly report showing the PIPE market doubled the amount raised from Q1, after recovering from the volatile quarter. Data is sourced from PrivateRaise, a service of The Deal that tracks PIPEs that raise at least $1 million. "Despite some powerful macroeconomic headwinds, the PIPE market staged a recovery from a slow first quarter as transaction volume increased more than 50% quarter over quarter and dollar volume doubled," said Paul Springer, senior reporter at The Deal. "Brexit fears impacting some financial markets are having no effect on the PIPE space in the third quarter, as numerous healthcare deals and a pickup in smaller energy company financings create robust deal flow." Some highlights from the report:
About The Deal The Deal is a media and technology company providing over 100,000 users with actionable ideas from its two services - The Deal & BoardEx. Law firms, investment banks, private equity firms and hedge funds use The Deal service to find their next deal and BoardEx to connect the dots between their organizations and clients. The Deal is a business unit of TheStreet, Inc. (NASDAQ: TST) and has offices in New York, London, Washington, D.C., Petaluma, CA and Chennai, India. For more information, visit www.thedeal.com. Contact: Ashley Klepach, 212.321.5048, ashley.klepach at thestreet.com Logo - http://photos.prnewswire.com/prnh/20130305/NY70755LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-pipes-report-sees-growth-at-the-end-of-q2-2016-300298831.html SOURCE TheStreet, Inc. |