Olympus-backed data center infrastructure firm Accelevation filed for a U.S. initial public offering on Wednesday, seeking to capitalize on strong investor demand for companies supporting the artificial-intelligence boom. The company, acquired by private equity firm Olympus Partners in January 2025, was founded in 2017 by Chief Executive Michael Rubiera. Accelevation provides infrastructure and power products for data center customers, including power distribution and deployment. Its backlog was about $1.1 billion as of June 30. Revenue for the year ended December 31 rose to about $448 million from $181 million a year earlier, while net income more than doubled to $21.8 million. Accelevation intends to list on the Nasdaq under the ticker ACCV. Morgan Stanley, J.P.Morgan, Goldman Sachs, Barclays and BofA Securities are among the underwriters. The filing comes as the U.S. market for new listings gains momentum, supported by several high-profile IPOs and a strong pipeline of companies seeking to go public.