Delayed, Abandoned IPO Plans Pile Up, Doubling 2017’s Rate

Bain Capital’s Autodis Group isn’t alone in testing this year’s roiling IPO waters for big money, only to find the temperature too chilly.

Autodis and at least 22 other companies that announced IPOs valued at $10 million or more this year have now withdrawn or postponed those plans, according to statements and data compiled by Bloomberg. That’s compared with five that were announced and then scratched or delayed during the same period last year, with six more following suit since then.

This year’s would-be listings in the $10 million-plus range had a combined value of $8.79 billion, compared with $1.18 ...