Forgent Power Solutions Completes IPO and NYSE Listing

Forgent Power Solutions, Inc. has successfully completed its IPO, pricing 56 million Class A shares at $27 each, with trading commencing on the NYSE under the ticker FPS on February 5, 2026. The IPO included shares sold by both the company and stockholders, with proceeds aimed at redeeming interests in an operating subsidiary. The company has established a governance framework typical of newly listed firms, including an expanded board and a new equity incentive plan. Forgent specializes in engineered electrical distribution equipment for data centers and industrial facilities, positioning itself for growth in infrastructure and digitalization trends.