WAUKESHA, Wis.--(BUSINESS WIRE)--Nov. 26, 2012--
Generac Holdings Inc. (NYSE: GNRC) (the “Company”) announced today an
underwritten secondary offering of 11,500,000 shares of its common stock
by certain selling stockholders pursuant to the Company’s shelf
registration statement filed with the Securities and Exchange
Commission. In addition, the underwriters will have an option to
purchase up to 1,725,000 additional shares from certain of the selling
stockholders. The selling stockholders include funds affiliated with
CCMP Capital and members of the Company’s board of directors and senior
management. The selling stockholders will receive all of the proceeds
from this offering. No shares are being sold by the Company.
Goldman, Sachs & Co., J.P. Morgan Securities LLC, BofA Merrill Lynch and
Robert W. Baird & Co. Incorporated are the bookrunning managers 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, NY 10282, by telephone at (866)
471-2526, by facsimile at (212) 902-9316, or by email at prospectus-ny@ny.email.gs.com;
J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (866)
803-9204; BofA Merrill Lynch, Attention: Prospectus Department, 222
Broadway, New York, NY 10038, or by email at dg.prospectus_requests@baml.com;
or Robert W. Baird & Co. Incorporated, 777 East Wisconsin Avenue,
Milwaukee, WI 53202, or by telephone at (800) 792-2473.
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 through a
broad network of independent dealers, retailers, wholesalers and
equipment rental companies. The Company markets and distributes its
products primarily under its Generac and Magnum brand names.
Source: Generac Holdings Inc.
Source: Generac Holdings Inc.
Generac Holdings Inc.
York A. Ragen, 262-506-6064
Chief
Financial Officer
InvestorRelations@generac.com
or
Michael
W. Harris, 262-544-4811 x2675
Director - Finance and Investor
Relations
Michael.Harris@generac.com