A broadband and utility engineering firm has filed for an initial public offering in the United States, aiming to raise as much as $300 million.

Investment Technology (ITG.US) submitted its application to the U.S. Securities and Exchange Commission last Friday. The company provides infrastructure services for broadband, wireless, and utility network operators across the United States.

Its operations are divided into two main segments. The engineering and maintenance division handles the daily operations and scheduled upkeep of networks. The infrastructure deployment division is responsible for the planning, design, and construction of new and expanded networks.

The company serves a diverse client base, including broadband providers, fiber operators, wireless carriers, data center operators, and both public and private utility companies. It primarily engages with these clients through long-term, comprehensive service agreements.

The industry in which ITG operates is experiencing strong growth. This momentum is fueled by the U.S. government's Broadband Equity, Access, and Deployment program, alongside a surging demand for artificial intelligence data center infrastructure.

The BEAD program is a federal initiative with a budget of $42.45 billion, designed to deploy high-speed internet in underserved areas of the country.

Founded in 2014 and headquartered in Fort Lauderdale, Florida, the company reported revenue of $1.3 billion for the twelve-month period ending March 31, 2026.

Investment Technology plans to list on the Nasdaq exchange under the ticker symbol "ITG". The company confidentially filed for its IPO on February 13, 2026.

The joint bookrunners for the offering include Morgan Stanley, Citigroup, UBS Investment Bank, Stifel, BofA Securities, Baird, Santander, KeyBanc Capital Markets, and Truist Securities.