McGraw Hill, a US-based educational publisher owned by Platinum Equity, has announced plans for an initial public offering (IPO) targeting to raise up to $537 million. The company aims to price 24.39 million shares between $19.00 and $22.00, seeking a valuation of approximately $4.2 billion. The IPO will be listed on the New York Stock Exchange under the ticker symbol "MH." This move comes amid a broader resurgence in the US IPO market, with private equity-backed firms capitalizing on improved investor sentiment. Concurrently, the UK government is forming a taskforce to encourage new listings on the London Stock Exchange, aiming to increase IPO activity. Additionally, companies are increasingly exploring alternative methods to go public, such as direct listings, reflecting evolving market dynamics.