Accelevation Holdings Corp. filed Tuesday with the U.S. Securities and Exchange Commission to go public alongside selling shareholder Olympus Partners. The offering totals 30 million shares at an indicated $20 to $24 each, with pricing planned for Sept. 29, the investor presentation reviewed by Bloomberg News shows. If shares are sold at the top of that range, the filing indicates an implied market value near $5.4 billion based on the listed outstanding share count. The stock is expected to list on the Nasdaq Global Select Market under the ticker ACCV, with Morgan Stanley and JPMorgan Chase & Co. running the deal.
Founded in 2017 by Michael and Shawn Rubiera, the Miamisburg, Ohio company builds the infrastructure, cooling, and power gear that lets big data center owners and operators add capacity fast. As of the end of June, outstanding contracts and purchase orders totaled roughly $1.1 billion. Customer concentration is high: the company said two customers accounted for about 61% of direct revenue last year.
Across the six-month period that closed on June 30, 2026, Accelevation posted $18.8 million in profit on $437.5 million of revenue, compared with a $8.7 million net loss on $158.6 million of revenue in the corresponding period of 2025. Olympus Partners acquired the company in early 2025 and is set to retain control with about 85% of the voting power after the IPO, according to the filing. Competitors cited in the filing are Vertiv Holdings Co., Schneider Electric SE and Eaton Corp., plus Forgent Power Solutions Inc., which pulled in $1.74 billion when it went public in February.
New opportunities arrive all the time, so steady steps protect and grow your savings. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, where he shows how we're spotting investment opportunities as the dollar falls. Save your spot.
Investor appetite for anything tied to data centers has been strong this year. Industrial names Innio NV and Madison Air Solutions Corp. each collected more than $2.5 billion, and a flurry of registrations has come from SB Energy Inc., an AI infrastructure developer backed by SoftBank Group Corp., as well as Aggreko Inc., a temporary power provider, and CoVolt Power Inc., a solar engineering firm. If you are watching how the AI buildout filters into real-world cash flows, Accelevation's orders on the books, reliance on a few big customers, and Olympus's continuing control are the key tells as shares debut under ACCV.
Keeping a clear strategy helps your money weather change and pursue future gains. Our CEO Jaspreet Singh is hosting a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, on September 29th. Sign up free to join him live.
