Forgent Power Solutions Announces Pricing of Initial Public Offering

Forgent Power Solutions Announces Pricing of Initial Public Offering

DAYTON, Minn.--(BUSINESS WIRE)--Feb 4, 2026-

Forgent Power Solutions Announces Closing of Initial Public Offering

Latham Advises on Forgent Power Solutions, Inc.’s US$1.5 Billion IPO

Forgent Power Solutions, Inc., a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid, and energy‑intensive industrial facilities, has announced the pricing of the initial public offering of its Class A common stock at a public offering price of US$27 per share. The offering consists of 39,413,573 shares of Class A common stock being offered by parent entities of the company controlled by Ne…

Forgent Power Solutions $1.5B IPO Powers $8.2B Market Deb...

Forgent Power Solutions $1.5B IPO roared onto Wall Street on Thursday, raising $1.5 billion as the Minnesota-based manufacturer of data center and industrial electrical equipment began trading on the New York Stock Exchange. By the closing bell of its debut session, the company had surged to a market capitalization of roughly $8.2 billion — a jolt of market energy fueled by investor appetite for infrastructure tied to artificial intelligence and…