McGraw Hill, Inc.

McGraw Hill, Inc. (MH) priced its initial public offering on Jul 24, 2025 at $17.00 per share, below its $19.00–$22.00 range, raising $414.6M, and listed on NYSE. At the IPO price its market capitalization was about $3.25B. Goldman Sachs was lead-left underwriter, joined by BMO Capital Markets, J.P. Morgan and Macquarie and others. Willkie Farr & Gallagher advised the company and Cahill Gordon & Reindel advised the underwriters.

McGraw Hill, Inc. provides information solutions for education, spanning K-12, higher education and professional learning. It delivers content and digital learning products in more than 100 countries and over 80 languages.

Status

IPO

Ticker

MH

Exchange

NYSE

Priced

Jul 24, 2025

IPO price

$17.00

Price range

$19.00–$22.00

Raised

$414.6M

Market cap at IPO price

$3.25B

First filed

Jun 27, 2025

Underwriters

Goldman Sachs, BMO Capital Markets, J.P. Morgan, Macquarie, Morgan Stanley, Deutsche Bank, UBS, Baird, BTIG, Needham, Stifel and William Blair

Company counsel

Willkie Farr & Gallagher

Underwriters' counsel

Cahill Gordon & Reindel

Sector

Industrials & materials

Country / state

CA

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