Forgent Power Solutions Announces Public Offering of Class A Common Stock to Redeem Interests in Operating Subsidiary

Forgent Power Solutions is offering 20.7 million shares of Class A common stock through a public offering. The offering includes 9.3 million shares by the company and 11.4 million shares by parent entities controlled by Neos Partners. The net proceeds will be used to redeem interests in an operating subsidiary held by certain existing equity owners controlled by Neos Partners.