When Madison Air came to us ahead of their roadshow, the stakes were clear: how to find a way to tell the very complex story of the first Larry Gies company to go public without sounding like we were full of hot air. Turns out that story blew investors’ hair back: the stock opened at $32 an 18.5% increase on their offering price, The company raised over $2 billion (with a b), landing the title of biggest industrial IPO since 1999. Now we can all breathe a little easier.