US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

US IPOs and Secondary Offerings

Forgent Power Solutions, Inc. (FPS): IPO Finds Its Footing as Investors Bet on AI Infrastructure

Forgent Power Solutions (FPS US): Post-IPO Inclusion in US & Global Indices

Forgent Power Solutions (FPS): Six Months Later: AI Trade Cooling Down But Long-Term Thesis Remains

Forgent Power Solutions, Inc. (FPS): Peeking at the IPO Prospectus of a Data Center Power Provider

Forgent Power Solutions, Inc. (FPS): Data Center Power Provider Sets Terms, $1b-Plus Cash Raise

IPOs and Secondary Offerings

Equity Capital Markets

Forgent Power Solutions / Equity Capital Markets

<ul>
<li>Forgent Power Solutions (FPS US) targets a $7.6–$8.8B valuation in a February IPO, capitalizing on surging data center and AI-driven infrastructure investment. The</li>
<li>Company delivers highly customized, engineered-to-order electrical distribution equipment, supporting complete powertrains and reducing labor constraints for mission-critical data centers and industrial facilities.</li>
<li>Strong growth and operational scale: FY2025 revenue rose 56% to $753M with $1B+ backlog; 10 campuses support $5B potential revenue, and early investor demand is robust and oversubscribed.</li>
</ul>


Forgent Power Solutions (FPS US) targets a $7.6–$8.8B valuation in a February IPO, capitalizing on surging data center and AI-driven infrastructure investment. The
Company delivers highly customized, engineered-to-order electrical distribution equipment, supporting complete powertrains and reducing labor constraints for mission-critical data centers and industrial facilities.
Strong growth and operational scale: FY2025 revenue rose 56% to $753M with $1B+ backlog; 10 campuses support $5B potential revenue, and early investor demand is robust and oversubscribed.


Forgent Power Solutions, Inc. (FPS): Custom Electrical Leader Charges into Public Markets