Forgent Power Solutions, Inc. (FPS)

Forgent Power Solutions, Inc. designs and manufactures electrical distribution equipment used to deliver and manage power in large facilities. Its product range includes items such as switchgear, switchboards, transformers and power distribution units, often engineered to order for specific projects.

The company serves customers building or operating data centers, utilities, and industrial and commercial facilities, markets where demand for power equipment has grown with electrification and computing infrastructure. Forgent is based in Minnesota, and its Class A common stock began trading on the New York Stock Exchange following its initial public offering.