Back to News
investment

Madison Air Prices Biggest US Industrial IPO in Nearly 27 Years

Matthew Griffin
Loading...
1 min read
0 likes
⚡ Quantum Brief
Madison Air Solutions Corp. raised $2.23 billion in the largest U.S. industrial IPO since 1999, selling 82.7 million shares at $27 each after targeting $25–$27. The Chicago-based ventilation and filtration systems provider priced its shares at the top of the range, signaling strong investor demand. The offering was oversubscribed multiple times, reflecting confidence in industrial tech amid growing air quality and climate control market needs. This marks the biggest U.S. industrial listing in nearly 27 years, underscoring renewed capital market interest in infrastructure and sustainability sectors. Proceeds will likely fund expansion as Madison Air scales operations in a post-pandemic economy prioritizing clean air solutions.
AI Audio Summary
0:00 / 0:00
Click to play
Untitled design (38).png
Quantum News · Media Library

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:Madison Air Solutions Corp. raised $2.23 billion in the biggest US listing of an industrial company in close to three decades. The Chicago-based provider of ventilation and filtration systems sold 82.7 million shares at $27 each after marketing them for $25 to $27, according to a statementBloomberg Terminal Wednesday. The offering was multiple times oversubscribed, people familiar have saidBloomberg Terminal.

Read Original

Tags

quantum-investment

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.