Madison Air Solutions Files for IPO to Raise at Least $2 Billion

Madison Air Solutions Corp., a provider of ventilation and filtration systems, filed for an IPO led by Goldman Sachs, Barclays, Jefferies, and Wells Fargo. The company seeks to raise at least $2 billion and expects its shares to trade on the NYSE under the symbol MAIR. Madison Air was formed through a series of acquisitions by Madison Industries in 2017.