Baird served as an active bookrunner on this transaction
AboutSiteOne Landscape Supply, Inc. (“SiteOne” or the “Company”) (NYSE: SITE), a portfolio company of Clayton, Dubilier & Rice, recently completed a follow-on offering of 10,350,000 shares of common stock (including full exercise of the overallotment option) at a price of $33.00 per share, generating gross proceeds of approximately $341.6 million. All shares offered were sold by the selling shareholders. SiteOne will not receive any proceeds from the offering.
SiteOne is the largest and only national wholesale distributor of landscape supplies in the United States with a growing presence in Canada. The Company has over 180,000 customers who are primarily residential and commercial landscape professionals specializing in the design, installation and maintenance of lawns, gardens, golf courses and other outdoor spaces. Through its expansive North American network of 471 branch locations in 45 states and five provinces, the Company offers a comprehensive selection of more than 100,000 stock keeping units from over 3,000 suppliers, including irrigation supplies, fertilizer and control products, landscape accessories, nursery goods, hardscapes, outdoor lighting and ice melt products. SiteOne is headquartered in Roswell, Georgia.
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- November 2016
- SiteOne Landscape Supply, Inc.
- Target Location
- North America