Initial Public Offering
Baird served as a senior co-manager in this offering
AboutAllison 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.
For additional information about this transaction, please contact:
- March 2012
- Allison Transmission Holdings, Inc.
- Target Location
- North America