CEO Discusses Challenges of Being a Small Public Company

Dina Dwyer-Owens explains that being a small publicly traded company made it difficult to raise capital and achieve desired stock value, motivating the decision to go private with a private equity partner to focus on growth.

““It’s become harder and harder to be a publicly traded company,” she told PM. “We’re fairly small in the scheme of public companies, so (going public) just didn’t afford us the opportunities we were hoping for. We were producing the earnings results that the market kept telling us to produce, yet the stock wasn’t getting the value we would have hoped for. And it’s difficult to raise money when your stock’s not performing at the level you’d like it to. We decided to simplify and focus on growing the business.””

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