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

Forgent Power Solutions is announcing a public offering of its Class A common stock, with 20.7 million shares being offered by parent entities controlled by Neos Partners and 9.3 million shares being offered by Forgent. The net proceeds will be used to redeem interests in an operating subsidiary held by certain existing equity owners. Goldman Sachs, Jefferies, and Morgan Stanley are acting as joint lead book-running managers for the proposed offering.