Generac Holdings Inc. Announces Secondary Offering by Funds Affiliated with CCMP Capital
No shares will be sold in the offering by the Company or its
officers or directors
Generac Holdings Inc. (NYSE: GNRC) (the “Company”) announced today an
underwritten secondary offering of 9,000,000 shares of its common stock
by funds affiliated with CCMP Capital (the “Selling Stockholders”)
pursuant to the Company’s shelf registration statement previously filed
with the Securities and Exchange Commission. The Selling Stockholders
will receive all of the proceeds from this offering.
No shares are being sold by the Company or any of its officers or
directors in the offering.
Morgan Stanley & Co. LLC is the underwriter for the offering. The
offering of these securities is being made by means of a prospectus
supplement and the accompanying prospectus only, copies of which may be
obtained from Morgan Stanley & Co. LLC, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, NY 10014, telephone:
(866) 718-1649 or email: prospectus@morganstanley.com.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Generac
Since 1959, Generac has been a leading designer and manufacturer of a
wide range of generators and other engine powered products. As a leader
in power equipment serving residential, light commercial, industrial and
construction markets, Generac's power products are available
internationally through a broad network of independent dealers,
retailers, wholesalers and equipment rental companies.
Source: Generac Holdings Inc.
