Deal Details
Initial Public Offering
Summary
Baird served as a senior co-manager in this offering
About
Allison Transmission Holdings, Inc. (“Allison” or the “Company”) (NYSE: ALSN), a portfolio company of The Carlyle Group and Onex Corporation, recently completed an initial public offering of 26,100,000shares of its common stock at a price of $23.00 per share, generating gross proceeds of approximately $600.3 million. All of the shares were sold by selling shareholders. The Company will not receive any proceeds from the offering.Allison is the world’s largest manufacturer of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. The Company’s transmissions are used in a variety of applications, including on-highway trucks, buses, motorhomes, off-highway vehicles and equipment and military vehicles. The Allison brand is one of the most recognized in the commercial vehicle industry as a result of the performance, reliability and fuel efficiency of the Company’s transmissions.
Allison Transmission Holdings, Inc. is publicly traded on the New York Stock Exchange.
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- Date
- March 2012
- Company
- Allison Transmission Holdings, Inc.
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
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