Focus Financial Partners Inc. $615.4 Million Initial Public Offering

Davis Polk advised the representatives of the underwriters in connection with the $615.4 million initial public offering of 18,648,649 shares of Class A common stock of Focus Financial Partners Inc., which includes the full exercise of the underwriters’ over-allotment option. 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 50 partner firms across the country.

The Davis Polk corporate team included partners Richard D. Truesdell Jr. and Derek Dostal and associates John H. Runne and Marcus Tan. The tax team included partner Mary Conway and associates Patrick E. Sigmon and Elina Khodorkovsky. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.