Generac plans stock offering
Published October 20, 2009 - BizTimes Daily
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Privately held Generac Holdings Inc. intends to become a publicly traded company.
The Waukesha-based manfucturer of portable residential generators announced today that it has filed a registration statement for a public offiering of its common stock with the U.S. Securities and Exchange Commission.
Generac intends to sell its stock on the New York Stock Exchange under the ticker symbol "GNRC."
Generac was founded in 1959 in entrepreneur Robert Kern's Waukesha garage. Kern, who sold a controlling stake of the company in 2006 to CCMP Capital Advisors LLC, a Manhattan-based private equity firm, received the BizTimes Bravo! Entrepreneur Award in 2006.
J.P. Morgan Securities Inc. and Goldman, Sachs & Co. will be joint book running managers of the stock offering.
The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from: J.P. Morgan Securities at National Statement Processing, Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, New York, NY, 11245, Phone: (718) 242-8002; or Goldman, Sachs & Co., Attn: Prospectus Department, 85 Broad Street, New York, NY 10004, Phone (866) 471-2526 or Prospectus-ny@ny.email.gs.com.



