The Firm recently represented the underwriters, led by Deutsche Bank Securities Inc., Goldman, Sachs & Co. and UBS Securities LLC, in the initial public offering by SiteOne Landscape Supply, Inc. of 10,000,000 shares of common stock (with an option for the underwriters to purchase up to 1,500,000 additional shares), which raised gross proceeds of approximately $210 million before giving effect to any exercise of the underwriters’ option. SiteOne’s shares are listed on the New York Stock Exchange under the ticker symbol “SITE.”
SiteOne is the largest and only national wholesale distributor of landscape supplies in the United States and has a growing presence in Canada. Its customers are primarily residential and commercial landscape professionals who specialize in the design, installation and maintenance of lawns, gardens, golf courses and other outdoor spaces.
The Simpson Thacher team included John C. Ericson, Sung Bum Cho, Daniel Areshenko and Ashley Yoon (Capital Markets); Larry Moss and Jennifer Pepin (Employee Benefits); Tim Mulvihill and Louise Kruger (Environmental); Jennie Getsin (FINRA/Blue Sky); Genevieve Dorment and Amber Harezlak (Intellectual Property); Joia Lee (Public Company Advisory Practice); and Jonathan Cantor and George Davis (Tax).