Madison Air to Acquire ebm-papst for $5.4 Billion

Madison Air Solutions (NYSE: MAIR) agreed to buy ebm-papst for $5.4 billion, per an August 17 report. That's more than double the $2.3 billion it raised in its April 2026 IPO and private placement — the largest U.S. IPO this year. How Madison Air funds the deal remains undisclosed.