Focus Financial Partners $176 million follow-on offering
Davis Polk advised the underwriters in connection with the $176 million follow-on public offering of 3,546,841 shares of Class A common stock of Focus Financial Partners Inc. The Class A common stock is listed on the Nasdaq Global Select Market under the symbol “FOCS.”
Focus is a leading partnership of independent, fiduciary wealth management firms operating in the highly fragmented registered investment advisor industry, with a footprint of over 75 partner firms across the United States.
The Davis Polk corporate team included partner Derek Dostal, counsel John H. Runne and associate Courtney Y. Sohn. The tax team included partner Mario J. Verdolini and associate Ben Levenback. All members of the Davis Polk team are based in the New York office.