Forgent Power Solutions prices 35M-share offering at $29.50/share; company raises $332M (primary), insiders sell $700M (secondary)

Filed May 26, 2026 · ~3 min read

Key Changes

• high

  Forgent prices 35 million shares at $29.50/share: 11.3 million primary shares (proceeds to company) and 23.7 million secondary shares (proceeds to selling stockholders). The company's gross primary raise is $332.1 million; insiders receive approximately $700 million from their secondary sale.

  The Offering verify on EDGAR →
• high

  Implied post-offering market capitalization is $7.5 billion (255.4 million shares outstanding × $29.50/share). Existing owners retain 56% of both economic interests and voting power after the offering.

  The Offering verify on EDGAR →
• high

  Net proceeds will purchase Opco LLC Interests from the operating company, which will use those funds to redeem interests from existing owners at the offering price less underwriting costs. No proceeds fund operations or growth.

  Use of Proceeds verify on EDGAR →