![](/img/client_headers/MorrisonFoerster/MoFoJumpstarter.jpg)
[author: Carlos Juarez]
PIPE transactions have provided a useful capital-raising alternative when the public markets are inhospitable. A PIPE transaction also has become the financing of choice when it comes time to raise capital to finance an acquisition, recapitalize a company through a change-of-control transaction, or effect an orderly exit for an existing stockholder with a significant percentage ownership of the company. We summarize the PIPE activity for 2017 in our infographic.
![](https://jdsupra-html-images.s3-us-west-1.amazonaws.com/4ebe0731-6f72-481d-8d01-b07cfca4741a-PIPEs-2017-555x740.jpg)
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