ITG, a provider of design and engineering services for broadband and utility infrastructure, filed on Friday with the SEC to raise up to what we estimate could be $300 million in an initial public offering.
ITG provides infrastructure services to broadband, wireless, and utility network operators across the United States. The company operates through two segments: Engineering & Maintenance, which supports ongoing network operations and planned maintenance, and Infrastructure Deployment, which covers the planning, design, and construction of new and expanded networks. ITG serves a diverse customer base including broadband service providers, fiber providers, wireless carriers, data center operators, and public and private utilities, primarily under long-term master service agreements.
The Fort Lauderdale, FL-based company was founded in 2014 and booked $1.3 billion in revenue for the 12 months ended March 31, 2026. It plans to list on the Nasdaq under the symbol ITG. ITG filed confidentially on February 13, 2026. Morgan Stanley, Citi, UBS Investment Bank, Stifel, BofA Securities, Baird, Santander, KeyBanc Capital Markets, and Truist Securities are the joint bookrunners on the deal.
