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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 a 30-day option to purchase up to an additional 1,050,000 shares of Focus s Class A common stock. The Offering is expected to close on March 2, 2021, subject to customary closing conditions.
Prairie Capital Management to Join the Focus Partnership, Strengthening Focus Position Among Firms Who Serve Ultra-High Net Worth Clients
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Focus Financial Partners Announces Launch of Secondary Offering of Class A Common Stock
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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
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