Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock

Forgent Power Solutions priced an upsized public offering of 43.6 million shares at $49.00 per share for aggregate gross proceeds of approximately $2.1 billion. The offering consists of 14.6 million shares sold by the company and 29.1 million shares sold by existing shareholders controlled by Neos Partners. Underwriters were granted a 30-day option to purchase an additional 6.5 million shares, with the transaction expected to close on July 6, 2026. A syndicate led by Goldman Sachs, Jefferies, and Morgan Stanley is managing the deal.

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