SiteOne Landscape Supply, Inc. Prices Secondary Public Offering of Common Stock
April 25 2017 - 8:14PM
Business Wire
SiteOne Landscape Supply, Inc. (NYSE:SITE) (the “Company”) today
announced the pricing of an underwritten secondary public offering
of 10,000,000 shares of common stock by selling stockholders
CD&R Landscape Holdings, L.P., an affiliate of Clayton,
Dubilier & Rice, LLC, and Deere & Company, at a public
offering price of $47.50 per share. The Company will not receive
any proceeds from the sale of shares being sold in this offering.
In connection with the offering, the selling stockholders have
granted the underwriters a 30-day option to purchase up to an
additional 1,500,000 shares of common stock.
The offering is being made through an underwriting group led by
Deutsche Bank Securities, Goldman, Sachs & Co., UBS Investment
Bank and Baird, who are acting as joint book-running managers for
the offering. Additional book-running managers are Barclays, RBC
Capital Markets, SunTrust Robinson Humphrey and William Blair. ING,
HSBC, Natixis, SMBC Nikko and Mischler Financial Group, Inc. are
acting as co-managers for the offering.
Copies of the prospectus may be obtained from:
- Deutsche Bank Securities Inc.,
Attention: Prospectus Group, 60 Wall Street, New York NY,
10005-2836, by telephone at 1-800-503-4611 or by emailing
prospectus.cpdg@db.com;
- Goldman, Sachs & Co., Attention:
Prospectus Department, 200 West Street, New York, NY 10282, by
telephone at 1-866-471-2526, by facsimile at 212-902-9316 or by
emailing prospectus-ny@ny.email.gs.com;
- UBS Securities LLC, Attention:
Prospectus Department, 1285 Avenue of the Americas, New York, NY
10019 or by telephone at 1-888-827-7275; and
- Robert W. Baird & Co. Incorporated,
Attention: Syndicate Department, 777 E. Wisconsin Avenue,
Milwaukee, WI 53202, by telephone at 1-800-792-2473 or by emailing
syndicate@rwbaird.com.
A registration statement relating to these securities has been
filed with, and declared effective by, the U.S. Securities and
Exchange Commission. This press release shall not constitute an
offer to sell or the solicitation of an offer to buy nor shall
there be any sale of these shares in any state in which such offer,
solicitation or sale would be unlawful, prior to registration or
qualification under the securities laws of any state.
About SiteOne Landscape Supply, Inc.
SiteOne Landscape Supply, Inc. is the largest and only national
wholesale distributor of landscape supplies in the United States
and has a growing presence in Canada. Its customers are primarily
residential and commercial landscape professionals who specialize
in the design, installation and maintenance of lawns, gardens, golf
courses and other outdoor spaces.
Forward-Looking Statements
This press release includes “forward-looking statements,”
including with respect to the proposed public offering, within the
meaning of Section 27A of the Securities Act and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements are subject to known and unknown risks and
uncertainties, many of which may be beyond our control. We caution
you that the forward-looking information presented in this press
release is not a guarantee of future events, and that actual events
may differ materially from those made in or suggested by the
forward-looking information contained in this press release. In
addition, forward-looking statements generally can be identified by
the use of forward-looking terminology such as “may,” “plan,”
“seek,” “comfortable with,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe” or “continue” or the negative thereof or
variations thereon or similar terminology. Any forward-looking
information presented herein is made only as of the date of this
press release, and we do not undertake any obligation to update or
revise any forward-looking information to reflect changes in
assumptions, the occurrence of unanticipated events, or
otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170425007039/en/
Investor Relations:SiteOne Landscape Supply, Inc.Pascal Convers,
470-270-7011Executive Vice President, Strategy and
Developmentinvestors@siteone.com
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