The Firm recently represented the underwriter, Goldman, Sachs & Co., in a secondary offering by certain funds affiliated with CCMP Capital Advisors, LLC of an aggregate of 7,023,063 shares of Generac Holdings Inc.’s common stock, representing CCMP’s remaining equity interests in Generac. A total of $297 million in net proceeds was raised in the offering. Affiliates of CCMP received all of the gross proceeds from the offering.
Generac is a leading designer and manufacturer of a wide range of generators and other engine powered products for the residential, light commercial, industrial and construction markets.
The Simpson Thacher team included Rhett Brandon, John Ericson, David Azarkh and Rodrigo Surcan dos Santos (Capital Markets); Jonathan Cantor and Chang Won Choi (Tax); Jamin Koslowe (Executive Compensation and Employee Benefits); Timothy Mulvihill (Environmental); and Jennie Getsin (FINRA).