Grocery Outlet Holding Corp. Initial Public Offering
Davis Polk advised the underwriters in connection with the $435 million initial public offering of common stock by Grocery Outlet Holding Corp. The common stock is listed on The Nasdaq Global Select Market under the symbol “GO.”
Grocery Outlet is a high-growth, extreme-value retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. Grocery Outlet is headquartered in Emeryville, California.
The Davis Polk corporate team included partner Bruce K. Dallas and associates Benson Richards and Jennifer Leather. Partner Rachel D. Kleinberg provided tax advice. Counsel Gregory D. Hughes provided executive compensation advice. Counsel Loyti Cheng provided environmental advice. The intellectual property and technology team included partner Pritesh P. Shah and associate Gianna C. Walton. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Northern California and New York offices.