In announcing the IPO, C&W noted it has 48,000 employees in approximately 400 offices and 70 countries, and in 2017 had revenues of $6.9 billion.

The IPO makes the company worth approximately $3 billion, leaving the company $2.6 billion in debt. The Financial Times pointed out that the debt was enough of a worry to have it listed as a risk factor in the offering documents.

John Forrester, the president at Cushman & Wakefield, characterized the IPO as extremely successful. As previously reported in multiple publications, under TPG's ownership, C&W had been operating at a net loss for three years.

In January 2015, C&W acquired Massey & Knakal for $100 million and DTZ acquired Cassidy Turley. In September 2015, for $2 billion TPG and its partners acquired C&W, which in that same month completed a merger with DTZ. (In 2014, for $1.2 billion, the TPG group had acquired DTZ.)

Forrester tells Globest.com that the losses on the balance sheets reflect these consolidations. He says the costs resulted from the integration and bringing together of these offices, which has now been accomplished.

However, as first reported by MarketWatch, the S-1 registration statement filed with the SEC notes the company will not pay dividends on its ordinary shares. The document states, "All of our earnings in the foreseeable future will be used for the operation and growth of our business."