2 Firms Guide Data Center, Grid Parts Builder Seeking $1.5B

By Nate Beck ( January 26, 2026, 12:58 PM EST) -- Forgent Power Solutions, a manufacturer serving industrial and data center customers, said Monday that it expects to raise an estimated $1.5 billion in an upcoming initial public offering advised by Weil Gotshal & Manges LLP and Latham & Watkins LLP....

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