Hayward Holdings, Inc. (HAYW) Announces 21M Share Secondary Offering

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Hayward Holdings Announces Secondary Offering of 21,000,000 Shares of Common Stock by Selling Stockholders

May 8, 2023 6:47 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Hayward Holdings, Inc. (NYSE: HAYW) (the Company or Hayward), a global designer, manufacturer and marketer of a broad portfolio of pool and outdoor living technology, today announced that funds affiliated with CCMP Capital Advisors, LP and subsidiaries of Alberta Investment Management Corporation (the Selling Stockholders), intend to offer for sale 21,000,000 shares of its common stock pursuant to an automatic shelf registration statement (the Offering) filed with the Securities and Exchange Commission (the SEC).

The Selling Stockholders intend to grant the underwriter a 30-day option to purchase up to an aggregate of 3,150,000... More