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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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Focus Financial Partners to Present at Three Upcoming Investor Conferences
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Focus Financial Partners Announced that Matheys Lane Capital Management Will Join Partner Firm SCS Financial, Expanding SCS s Presence in the Ultra-High Net Worth Market
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Focus Financial Partners: 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
NEW YORK, NY / ACCESSWIRE / February 25, 2021 / Focus Financial Partners Inc. (NASDAQ:FOCS) ( Focus ) announced today that it has launched an underwritten secondary offering of 7,000,000 shares of its Class A common stock. This amount consists of 6,536,327 shares being offered by certain selling stockholders of Focus affiliated with Kohlberg Kravis Roberts & Co. L.P. and Stone Point Capital LLC (the selling stockholders ) and 463,673 shares being 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 intend to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of Focus Class A common stock.