No shares will be sold in the offering by the Company or its
officers or directors
WAUKESHA, Wis.--(BUSINESS WIRE)--Aug. 1, 2013--
Generac Holdings Inc. (NYSE: GNRC) (the “Company”) announced today an
underwritten secondary offering of 7,023,063 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, constituting all their
remaining shares of the Company’s common stock, except for de minimis amounts
beneficially owned by CCMP Capital that are held by directors and a
former director which were received as compensation for service on the
Company’s board of directors. 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.
Goldman, Sachs & Co. 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 Goldman, Sachs & Co., Attention: Prospectus Department, 200 West
Street, New York, New York 10282, or telephone: 1-866-471-2526, or
email: prospectus-ny@ny.email.gs.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.
Source: Generac Holdings Inc.
Generac Holdings Inc.
York A. Ragen
Chief Financial Officer
(262)
506-6064
InvestorRelations@generac.com
