Forgent Power Solutions, which manufactures electrical distribution equipment for data centers and industrial facilities, raised $1.5 billion by offering 56 million shares at $27, the midpoint of the range of $25 to $29. PE owner Neos Partners sold 70% of...read more
The 2026 IPO market started the year on reasonably steady footing as nine listings raised a combined $2.6 billion in January. Despite a mounting backlog of startups indicating IPO plans this year, many initially stayed on the sidelines and let others test...read more
Updated Monday, 2/2. Eight IPOs raising at least $100 million are currently scheduled for the week ahead. If all eight deals price, it would be the busiest week for sizable offerings since 2021. Only one other week over the past four years has produced seven...read more
Forgent Power Solutions, which manufactures electrical distribution equipment for data centers and industrial facilities, announced terms for its IPO on Monday. The Dayton, MN-based company plans to raise $1.5 billion by offering 56 million shares (70%...read more
Electrical equipment maker Forgent Power Solutions prices US IPO at $27 midpoint, raising $1.5 billion
Forgent Power Solutions, which manufactures electrical distribution equipment for data centers and industrial facilities, raised $1.5 billion by offering 56 million shares at $27, the midpoint of the range of $25 to $29. PE owner Neos Partners sold 70% of...read more
Renaissance Capital's January IPO Market Update
The 2026 IPO market started the year on reasonably steady footing as nine listings raised a combined $2.6 billion in January. Despite a mounting backlog of startups indicating IPO plans this year, many initially stayed on the sidelines and let others test...read more
US IPO Week Ahead: At least 8 sizable IPOs teed up in one of the busiest weeks in four years
Updated Monday, 2/2. Eight IPOs raising at least $100 million are currently scheduled for the week ahead. If all eight deals price, it would be the busiest week for sizable offerings since 2021. Only one other week over the past four years has produced seven...read more
Electrical equipment maker Forgent Power Solutions sets terms for $1.5 billion IPO
Forgent Power Solutions, which manufactures electrical distribution equipment for data centers and industrial facilities, announced terms for its IPO on Monday. The Dayton, MN-based company plans to raise $1.5 billion by offering 56 million shares (70%...read more