Simpson Thacher Represents KKR-affiliated Selling Stockholders in $383 Million Secondary Offering of Focus Financial Partners
03.17.21
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Simpson Thacher represented funds affiliated with KKR & Co. Inc. in connection with a secondary offering of Class A common stock of Focus Financial Partners by the KKR funds and certain other selling stockholders. The sale of 7,987,367 shares in the aggregate, which included the partial exercise of the underwriters’ option to purchase additional shares, raised approximately $383 million in gross proceeds.
Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms. Focus provides access to best practices, resources and continuity planning for its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services.
The Simpson Thacher team included Joseph Kaufman and Nicholas Halliburton (Capital Markets); and James Rapp (Public Company Advisory Practice).