UPDATE: Focus Financial Partners Inc. (FOCS) Prices 7M Share Secondary Offering at $48/Sh

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Focus Financial Partners Prices Secondary Offering of 7,000,000 Shares of Class A Common Stock at $48.00 Per Share

February 26, 2021 12:02 AM EST

NEW YORK, NY / ACCESSWIRE / February 25, 2021 / Focus Financial Partners Inc. (NASDAQ: FOCS) ("Focus") announced today the pricing of an underwritten secondary offering of 7,000,000 shares of its Class A common stock at $48.00 per share. This amount includes 6,737,694 shares offered by certain selling stockholders of Focus affiliated with Kohlberg Kravis Roberts & Co. L.P. and Stone Point Capital LLC (the "selling stockholders") and 262,306 shares offered by Focus (the "Offering") on behalf of certain of the existing unitholders of Focus Financial Partners, LLC ("Focus LLC"), its operating subsidiary. The selling stockholders also granted the underwriters... More