Olympus-backed Accelevation files for US IPO

Sept 2 : Olympus-backed data center infrastructure firm Accelevation filed for a U.S. initial public offering on Wednesday, seeking to tap into the investor demand for companies serving the AI boom.The market for new listings has gained momentum this year, buoyed by several high-profile IPOs and a strong pipeline of firms seeking to go public. • Accelevation provides infrastructure and power products, spanning power distribution and deployment, catering to data center customers.• Demand for companies that are powering the AI-boom has been strong, as investors seek to gain exposure to firms seen as benefiting from rapid capital spending in the industry. • Accelevation, which was acquired by private equity firm Olympus Partners in January 2025, was founded in 2017 by Chief Executive Michael