Follow-On Offering

Consumer
Follow-On Offering

Summary

Baird served as lead book-running manager on this offering

About

MCBC Holdings, Inc. (“MasterCraft” or the “Company”) (NASDAQ: MCFT), a portfolio company of Wayzata Investment Partners LLC, recently completed a follow-on offering of 4,600,000 shares of common stock at a price of $10.25 per share, generating gross proceeds of approximately $47.2 million, including the exercise of the underwriter’s over-allotment option. All of the shares offered were sold by selling shareholders of the Company. The Company will not receive any proceeds from the offering.

The Company is a world-renowned innovator, designer, manufacturer and marketer of MasterCraft branded premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand image through a rich history of industry-leading innovation, and more than four decades after the original MasterCraft made its debut the Company's goal remains the same—to continue building the world's best ski, wakeboard, surf and luxury performance powerboats. MasterCraft is headquartered in Vonore, Tennessee.

For additional information about this transaction, please contact:

Peter Kies +1 (414) 765-7262
Tom Lacy +1 (414) 298-7648
Mark Karns +1 (312) 609-7045
Katie Kasper +1 (414) 298-5991
David Silver + 44 (0) 207 667 8216
Consumer
Follow-On Offering
Date
September 2016
Company
MCBC Holdings, Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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