Follow-on Offering

Industrial
Follow-on Offering

Summary

Baird served as an active bookrunner on this transaction

About

SiteOne 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.

For additional information about this transaction, please contact:

Tom Lange +1 (813) 273-8248
Jason Kliewer +1 (813) 273-8242
Peter Kies +1 (414) 765-7262
Jeff Seaman +1 (312) 609-4687
David Silver + 44 (0) 207-667-8216
Sandy Walter +1 (414) 298-5118
Industrial
Follow-on Offering
Date
November 2016
Company
SiteOne Landscape Supply, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America

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