Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
A team of Pillsbury lawyers advised longtime client TD SYNNEX Corporation, a leading global distributor and solutions aggregator for the IT ecosystem, in connection with a secondary public offering of a total of 5,175,000 shares of common stock held by certain entities managed by affiliates of Apollo Global Management, Inc.
According to a company press release, the company purchased 900,000 shares of common stock as part of the secondary public offering for an aggregate purchase price of $87.3 million. TD SYNNEX did not receive any of the proceeds from the sale of shares by the selling stockholders in the offering. Goldman Sachs & Co. LLC, Barclays and Citigroup acted as lead book-running managers for the offering. BofA Securities, Mizuho, RBC Capital Markets, Apollo Global Securities, BNP PARIBAS, HSBC, MUFG and Wells Fargo Securities also acted as joint book-running managers with respect to the offering. Academy Securities and Siebert Williams Shank acted as co-managers for the offering.
The Pillsbury deal team included Corporate partner Allison Leopold Tilley, Capital Markets partner Davina K. Kaile, Corporate partner Julie Park and associates Charlie Guinn and Grace Lee.
To read the full company press release, click here.