ANGI Homeservices Inc.’s $24.1 Million Secondary Offering

Cahill represented the underwriter in connection with a secondary offering of 1,504,082 shares of Class A common stock of ANGI Homeservices Inc. (NYSE: ANGI), publically priced at $16.40 per share and resulted in gross proceeds of $24,140,516.10 before expenses to the selling stockholders.

Goldman Sachs & Co. acted as underwriter on the offering.

ANGI Homeservices did not receive any proceeds from the sale. ANGI Homeservices Inc. has created the world’s largest digital marketplace for home services. The company, led by Craig Smith, Glenn H Schiffman and William Brandon Ridenour, in 2017 recorded $736 Million Revenues.

Cahill advised Goldman Sachs & Co. with a team including William J. Miller (Picture), Kali Jelen, Biagio A. Marino, Meghan McDermott and Marc Shepsman

Involved fees earner: Kali Jelen – Cahill Gordon & Reindel; Biagio Marino – Cahill Gordon & Reindel; Meghan McDermott – Cahill Gordon & Reindel; William Miller – Cahill Gordon & Reindel; Marc Shepsman – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Goldman, Sachs & Co.;

Author: Ambrogio Visconti