Advent International

2 articles

Advent, ADIA-backed gas engine maker Innio raises $2.43 billion in US IPO

Backed by Advent International and ADIA, gas engine maker Innio raised $2.43 billion in its U.S. IPO amid surging demand for AI data center power solutions. Order intake for data center equipment surg

reuters · 2026-06-03 19:45

Advent, ADIA-backed gas engine maker Innio targets $20.3 billion valuation in US IPO

Backed by Advent International and ADIA, gas engine maker Innio targets a $20.3 billion valuation in a U.S. IPO driven by surging AI data center electricity demand. The company plans to raise up to $2

reuters · 2026-05-26 04:36