Deal Details

Accelevation Completes $540.0 Million Initial Public Offering

Industrial

Accelevation initial public offering

Summary

Accelevation Holdings Corp. (“Accelevation” or the “Company”) (Nasdaq: ACCV), a portfolio company of Olympus Partners, recently announced the pricing of its initial public offering of 30,000,000 shares of its Class A common stock at a public offering price of $18.00 per share, generating gross proceeds of approximately $540.0 million (the “Offering”). The Offering consisted of 10,000,00 shares of its Class A common stock sold by Accelevation and 20,000,000 shares of its Class A common stock sold by certain selling stockholders. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 4,500,000 shares of Accelevation’s Class A common stock.

Accelevation intends to use the net primary proceeds to purchase newly issued units in Accelevation Holdings LLC. In turn, Accelevation Holdings LLC intends to apply the balance of the net proceeds it receives from Accelevation to repay indebtedness, pay expenses incurred in connection with the Offering and certain organizational transactions and for general corporate purposes. Accelevation will not receive any proceeds from the sale of Class A common stock by the selling stockholders.

Baird served as a Bookrunner on the Offering.

Key Offering Metrics

Pricing Date - September 29, 2026
Exchange / Ticker - Nasdaq / ACCV
Initial Filing Range - $20.00 - $24.00
Offer Price - $18.00
Base Offering Size - $540.0 million (67% secondary)
Overallotment Option - $81.0 million (100% secondary)
Total Offering Size - $621.0 million
Diluted Market Cap - $4.1 billion
Enterprise Value - $4.5 billion
Sponsor - Olympus Partners
Execution - 6-day roadshow

About

Accelevation is a leading designer, manufacturer and installer of customized structural, electrical and mechanical systems for mission-critical infrastructure. Its vertically integrated model combines U.S.-based manufacturing and nationwide field service capabilities to move customers faster from design through deployment with innovative, factory-built solutions engineered for speed, scalability and certainty. Accelevation solves complex needs at scale while investing in its communities, growing the skilled trades and creating opportunities for people to build lasting careers and share in the value they create. Accelevation is headquartered in Miamisburg, Ohio.

Olympus Partners is a private equity firm focused on providing equity capital for middle market buyouts and for companies needing capital for expansion. Olympus Partners manages funds in excess of $12 billion mainly on behalf of corporate pension funds, endowment funds and state-sponsored retirement programs. Founded in 1988, Olympus Partners is an active, long-term investor across a broad range of industries including business services, consumer products, healthcare services, financial services, industrial services and manufacturing. Olympus Partners is headquartered in Stamford, Connecticut.

Industrial

Accelevation initial public offering