Aggreko Prepares for U.S. IPO with Bank Selections

Aggreko, a leading global power generator rental company, is moving forward with plans for a U.S. initial public offering (IPO). Bloomberg posted on X, citing sources, that TDR Capital and I Squared Capital, the private equity firms backing Aggreko, have chosen banks to assist with the IPO process. The decision marks a significant step in Aggreko's strategy to expand its market presence and capitalize on growth opportunities. The IPO is expected to provide Aggreko with increased financial flexibility and access to capital markets. Further details on the timing and size of the offering have not been disclosed.