Baird's Investment Banking Group is pleased to announce the following transaction:

January 2021
Vontier Corporation
Follow-on Offering
Baird served as a passive bookrunner on this offering
$1.100 Billion

Vontier Corporation (“Vontier” or the “Company”) (NYSE: VNT) recently completed a follow-on offering of 33,507,410 shares of its common stock, representing all of the shares of Vontier common stock currently owned by Fortive Corporation (“Fortive”), Vontier’s former parent company, at a price of $33.50 per share, generating gross proceeds of $1.1 billion. Fortive exchanged all of the shares of Vontier common stock sold in the offering for indebtedness of Fortive.

Vontier is a global industrial technology company focused on transportation and mobility solutions. The Company’s portfolio of trusted brands includes market-leading expertise in mobility technologies, retail and commercial fueling, fleet management, telematics, vehicle diagnostics and repair, and smart cities end-markets. Vontier’s innovative products, services, and software advance efficiency, safety, security, and environmental compliance worldwide. Vontier is headquartered in Raleigh, North Carolina.

For additional information about this transaction, please contact:

Joel Cohen +1-312-609-4924
Justin Holsen +1-414-298-7768
Adam Czaia +1-414-298-7358
Mike Barina +1-414-298-1885
Ryan Engelhardt +1-414-298-2637
Thomas Fetzer +49-69-1301-4920