Madison Air Solutions Corp

Madison Air Solutions Corp (MAIR) priced its initial public offering on Apr 17, 2026 at $27.00 per share, raising $2.23B, and listed on NYSE. At the IPO price its market capitalization was about $13.2B. Goldman Sachs was lead-left underwriter, joined by Barclays, Jefferies and Wells Fargo and others. Kirkland & Ellis advised the company and Sullivan & Cromwell advised the underwriters.

Madison Air Solutions Corp. provides indoor air solutions for demanding environments, with brands including Nortek Data Center Cooling for data centers, Nortek Air Solutions for semiconductor fabrication facilities and AprilAire for residential air quality.

Status

IPO

Ticker

MAIR

Exchange

NYSE

Priced

Apr 17, 2026

IPO price

$27.00

Raised

$2.23B

Market cap at IPO price

$13.2B

First filed

Mar 9, 2026

Underwriters

Goldman Sachs, Barclays, Jefferies, Wells Fargo, BofA Securities, Citigroup, Baird, RBC Capital Markets, Guggenheim, Santander, Wolfe Research and Nomura

Company counsel

Kirkland & Ellis

Underwriters' counsel

Sullivan & Cromwell

Sector

Industrials & materials

Country / state

IL

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.