Accelevation prices $180M IPO on Nasdaq at $18 a share
What's the deal? Ohio-based AccelevationDealroom has a profile for this one. Try Dealroom → Holdings Corp. has priced its initial public offering of 30 million Class A shares at $18.00 each, raising roughly $180 million. The stock is expected to begin trading on the Nasdaq Global Select Market on September 30, 2026 under the ticker "ACCV," with the offering set to close on October 1.
Who's selling? Accelevation is offering 10 million shares, while selling stockholders affiliated with private equity firm Olympus PartnersDealroom has a profile for this one. Try Dealroom → are offering 20 million. The company will not receive any proceeds from the shares sold by those stockholders.
Why now? The Miamisburg company designs, manufactures, and installs custom structural, electrical, and mechanical systems for mission-critical infrastructure. It runs a vertically integrated model that pairs US-based manufacturing with nationwide field service.
What's the endgame? Accelevation plans to use net proceeds to buy newly issued units in Accelevation Holdings LLCDealroom has a profile for this one. Try Dealroom →, which in turn intends to repay debt, cover offering expenses, and fund general corporate purposes.
Selling stockholders also granted underwriters a 30-day option to buy up to 4.5 million additional shares at the offering price. Morgan StanleyDealroom has a profile for this one. Try Dealroom → and J.P. MorganDealroom has a profile for this one. Try Dealroom → are joint lead bookrunning managers, with Goldman SachsDealroom has a profile for this one. Try Dealroom →, BarclaysDealroom has a profile for this one. Try Dealroom →, and BofA SecuritiesDealroom has a profile for this one. Try Dealroom → among the additional banks.
The signal: Olympus Partners, which manages more than $12 billion and backed Accelevation, is using the listing to return capital. The offering reflects investor appetite for suppliers tied to physical infrastructure buildouts.
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