In this thesis I try to answer why firms go public and which variables have an influence on the probability of an initial public offering. It contains a summary of commonly used motives that explain why firms should or should not go public. To answer why firms go public we take a look at theoretical and empirical literature. We find different motives that explain why firms go public, being able to deleverage and having the opportunity to raise capital to finance growth are the two most important motives that explain our research question. Keywords: Initial