Silver Lake funds launch secondary offering of 15,000,000 First Advantage shares
Bitget2026/11/12 21:40- Silver Lake funds and affiliates plan to sell 15,000,000 First Advantage common shares in an underwritten secondary offering.
- The selling stockholder will receive all proceeds; First Advantage is not selling shares.
- A 30-day lock-up applies to the selling stockholder.
- Up to 5,300,000 shares will be distributed to limited partners around closing, exempt from the lock-up.
- Barclays and J.P. Morgan are underwriting the offering, with shares to be offered publicly at a fixed price.
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