Top-Thema

SiteOne Landscape Supply, Inc. Announces Launch of Secondary Public Offering of Common Stock

Montag, 28.11.2016 22:20



ROSWELL, Ga. --(BUSINESS WIRE)--

SiteOne Landscape Supply, Inc. (NYSE: SITE) (the “Company”) today announced the launch of an underwritten secondary public offering of 8,000,000 shares of common stock by selling stockholders CD&R Landscape Holdings, L.P., an affiliate of Clayton, Dubilier & Rice, LLC, and Deere & Company. 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 1,200,000 shares of common stock.

The offering is being made through an underwriting group led by 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 and William Blair. SunTrust Robinson Humphrey, HSBC, ING, Natixis, SMBC Nikko and Mischler Financial Group, Inc. are acting as co-managers for the offering.

Copies of the prospectus may be obtained from:

  • 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, Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, by calling 800-792-2473, or by e-mailing syndicate@rwbaird.com.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161128006063/en/

(c)Business Wire. All of the news releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.