Accelevation Holdings, a data center infrastructure provider specializing in power distribution, cooling, and modular solutions for AI and cloud facilities, launched its IPO roadshow on September 22, 2026, marketing 30 million shares at $20–$24 to raise up to $720 million. At the midpoint this implies an approximately $4.9 billion market capitalization, rising to $5.4 billion at the top of the range, supported by 147% revenue growth to $448 million in 2025 and a $1.1 billion backlog. Trader sentiment on closing market cap remains dispersed because the offering is predominantly secondary—Olympus Partners selling the majority of shares—while concentrated customer exposure, recent bond yield spikes, and the first Fed rate hike in three years introduce volatility around initial trading multiples and aftermarket performance.