We advised REV Group on its SEC-registered secondary stock offering

Davis Polk advised REV Group, Inc. and certain selling stockholders in connection with an SEC-registered secondary offering of 7,395,191 shares of common stock by the selling stockholders. Total gross proceeds to the selling stockholders were $127.5 million.

Based in Brookfield, Wisconsin, REV is a leading designer, manufacturer and distributor of specialty vehicles and related aftermarket parts and services. REV serves a diversified customer base primarily in the United States, through two segments: specialty vehicles and recreational vehicles. REV provides customized vehicle solutions for applications including essential needs for public services (ambulances, fire apparatus and transit buses), commercial infrastructure (terminal trucks and industrial sweepers) and consumer leisure (recreational vehicles).

The Davis Polk capital markets team included partner Derek Dostal and associates Chad Howard, Joshua L. Bi and Sakiko Nishida. The executive compensation team included partner Kyoko Takahashi Lin and associate Sheryl B. Bohan. Associate Harrison Perry provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.

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