Simpson Thacher recently represented the underwriter in connection with a secondary offering by certain selling stockholders of SiteOne Landscape Supply, Inc. (NYSE: SITE) (“SiteOne”) of 5,437,502 shares of common stock, representing the remaining shares of SiteOne’s common stock held by affiliates of Clayton, Dubilier & Rice and Deere & Company, resulting in aggregate proceeds of approximately $280.7 million to the selling stockholders.
In 2016, Simpson Thacher represented the underwriters on SiteOne’s $241.5 million initial public offering. Since the IPO, Simpson Thacher has represented the underwriters on secondary offerings by the selling stockholders of SiteOne shares aggregating approximately $1.17 billion.
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 and Robert Kelley (Capital Markets); Larry Moss (Employee Benefits); Tim Mulvihill and Louise Kruger (Environmental); Jennie Getsin (FINRA/Blue Sky); Amber Harezlak (Intellectual Property); and Jonathan Cantor and Brian Mendick (Tax).