SiteOne Landscape Supply, Inc. IPO Info
Company Name: SiteOne Landscape Supply, Inc.
Stock Symbol: SITE
Exchange: NYSE
Status: Priced
IPO Date: 5/12/2016
IPO Price:
21.00 (
65.38%)
Underwriters
Deutsche Bank Securities, Goldman, Sachs & Co., UBS Investment Bank
Amount of Offering: N/A
Number of Shares Offered: 10 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
SiteOne Landscape Supply, Inc. 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.
Financial Data
Financial statement: "Over the past 18 months, we have completed seven acquisitions, and we intend to pursue additional acquisitions to complement our organic growth and achieve our strategic objectives. Our organic and acquisition-driven growth strategies have led to significant increases in net sales and Adjusted EBITDA. For our 2014 Fiscal Year, we generated net sales of $1.2 billion and Adjusted EBITDA of $87.6 million, compared to net sales and Adjusted EBITDA of $1.1 billion and $67.6 million, respectively, for the 2013 Predecessor Period and 2013 Successor Period. For the fiscal six months ended June 28, 2015, we generated net sales of $707.3 million and Adjusted EBITDA of $60.8 million, compared to net sales of $600.9 million and Adjusted EBITDA of $51.4 million for the fiscal six months ended June 29, 2014."
SEC Filings
News Headlines
