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Forgent Power Solutions, Inc designs and manufactures electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities.
The company’s products include automatic transfer switches (ATS), gear eHouses, generator connection cabinets, low voltage switchgear, low voltage transformers, medium voltage switchgear, medium voltage VPI transformers, padmount transformers, panelboards, paralleling switchgear, PDU transformers, power distribution units, power skids, remote power panels, substation transformers, switchboards, tap boxes, and UPS eHouses. It also provides maintenance, testing, repair, modernization, start-up and commissioning and aftermarket retrofit services.
It serves technology, power, utility and industrial companies. The company was founded in 2023 and is based in Dayton, Minnesota.
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DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the closing of a public offering of its Class A common stock. The offering consists of 23,716,795 shares of Class A common stock sold by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholder.
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the pricing of a public offering of its Class A common stock at a public offering price of $29.50 per share. The offering consists of 20,688,874 shares of Class A common stock being offered by parent entities of the Company c.
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced a public offering of its Class A common stock. The offering consists of 20,688,335 shares of Class A common stock being offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholders”) an.
Forgent Power Solutions, Inc. (FPS) Q2 2026 Earnings Call Transcript
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. ("Forgent" or the "Company") (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced financial results for its fiscal second quarter ended December 31, 2025. Forgent reported fiscal second quarter revenues of $296 million, an increase of $121 million, or 69%, compared to the prior year's quarter. Order activi.
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NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Feb. 12, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (“Forgent” or the “Company”) (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced that, in connection with its previously completed initial public offering of 39,413,573 shares of Class A common stock offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholders”) and.
Seven IPOs and six SPACs priced this week. Five IPOs and five SPACs submitted filings. Five IPOs are currently scheduled in the week ahead, and some smaller issuers may join the calendar throughout the week.
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the closing of the initial public offering of its Class A common stock. The offering consists of 39,413,573 shares of Class A common stock being offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stoc.
Forgent Power Solutions debuts at a $8.2B valuation, capitalizing on AI-driven demand for electrical distribution equipment. Forgent boasts rapid revenue growth, nearing $1.2B run-rate, but trades at ~7x sales and ~50x earnings, reflecting high expectations. Margins lag peers like Vertiv and Eaton, while recent business assembly and supply chain risks warrant caution.
Electrical equipment maker Forgent Power raised $1.06 billion in its U.S. initial public offering on Wednesday.
DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the pricing of the initial public offering of its Class A common stock at a public offering price of $27.00 per share. The offering consists of 39,413,573 shares of Class A common stock being offered by parent entities of the Company con.
U.S. IPO Weekly Recap: Trio Of Sizable Listings Underwhelm To Close Out January
The company plans to sell nearly 16.6 million shares at between $25 and $29 apiece.
