Articles from Forgent Power Solutions, Inc.

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 controlled by Neos Partners, LP (the “Selling Stockholders”) and 16,586,427 shares of Class A common stock being offered by Forgent. In addition, the Selling Stockholders and the Company granted the underwriters a 30-day option to purchase up to an additional 5,912,036 shares and 2,487,964 shares, respectively, of Class A common stock at the initial public offering price, less underwriting discounts and commissions.

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 that it has launched the roadshow for the initial public offering of its Class A common stock. The offering consists of 39,413,177 shares of Class A common stock being offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stockholders”) and 16,586,823 shares of Class A common stock being offered by Forgent. In addition, the Selling Stockholders and the Company intend to grant the underwriters a 30-day option to purchase up to an additional 5,911,977 shares and 2,488,023 shares, respectively, of Class A common stock at the initial public offering price, less underwriting discounts and commissions.

Forgent Power Solutions, Inc. (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment, today announced the opening of a new 500,000-square-foot manufacturing facility in Dayton, MN. The new facility increases Forgent’s manufacturing footprint in Minnesota to 630,000 square feet and brings the company’s total North American manufacturing footprint to over two million square feet.

Forgent Power Solutions, Inc. (“Forgent Power” or the “Company”), a leading designer and manufacturer of electrical distribution equipment for data centers, the power grid and energy-intensive industrial facilities, today announced that “Forgent” will become the parent brand for MGM Transformers, PwrQ, States Manufacturing and VanTran.