BREAKINGVIEWS — Data — center builder flaunts adaptability in IPO

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Robert Cyran NEW YORK, Sept 25 (Reuters Breakingviews) — Accelevation survived the pandemic by pivoting from precision manufacturing to protective partitions. It's now turbocharging growth with AI cooling and modular-construction. Depending on how investors discount a slowdown, the mooted $5 bln valuation will be tempting. Full view will be published shortly. Follow Robert Cyran on Bluesky. Context News Accelevation, which provides infrastructure for data centers, said on September 22 that it plans to sell 8.6 million shares for between $20 and $24 each, in an initial public offering that would value the company's equity at about $4.9 billion. Existing owners of Accelevation, which designs and installs cooling and power systems, also intend to sell 21.4 million shares. The company generated $437 million of revenue in the first half of the year, compared to $159 million a year earlier. It swung to $28 million of operating profit from a loss over the same span in 2025. Olympus Partners, which bought Accelevation for an undisclosed amount in January 2025, will retain 85% of the company’s stock. T