REV Group $275 million IPO
Davis Polk advised REV Group, Inc. on its $275 million initial public offering of 12,500,000 shares of common stock. The shares of common stock are listed on the New York Stock Exchange under the symbol “REVG.”
Based in Milwaukee, Wisconsin, REV is a leading designer, manufacturer and distributor of specialty vehicles and related aftermarket parts and services. It serves a diversified customer base primarily in the United States through three segments: Fire & Emergency, Commercial and Recreation. REV provides customized vehicle solutions for applications including: essential needs (ambulances, fire apparatus, school buses, mobility vans and municipal transit buses), industrial and commercial (terminal trucks, cut-away buses and street sweepers) and consumer leisure (recreational vehicles and luxury buses).
The Davis Polk capital markets team included partners Richard D. Truesdell Jr. and Derek Dostal and associate Ferrell Maguire Keel. The executive compensation team included partner Kyoko Takahashi Lin and associate Florentino Salazar. The environmental team included counsel David A. Zilberberg and associate Michael Comstock. The tax team included partner Michael Mollerus and associates Tracy L. Matlock and Mahalia S. Burford. All members of the Davis Polk team are based in the New York office.