ROSWELL, Ga. -- SiteOne Landscape Supply has announced the launch of an underwritten secondary public offering of 8,500,000 shares of common stock by selling stockholders CD&R Landscape Holdings, L.P., an affiliate of Clayton, Dubilier & Rice, LLC, and Deere & Company. SiteOne will not receive any proceeds from the sale of shares being sold in this offering. In connection with the offering, the selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 1,275,000 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
- 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 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.