Core & Main’s $698 Million Initial Public Offering

Debevoise & Plimpton advised Core & Main on the deal.

Core & Main executed its initial public offering of 34,883,721 shares of its Class A common stock at a public offering price of $20.00 per share, representing an approximately $698 million offering. 

Core & Main is a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets nationwide.

The Debevoise team was led by capital markets partners Nick Pellicani (Picture) and Paul Rodel and includes partner Peter Loughran and associates Martha Brown, Jonathan Miu and Jonathan Steinberg, benefits partner Meir Katz and associates Andrea Acosta, Douglas Hirn and Charity Brunson Wyatt, tax partners Erin Cleary and Peter Furci and associates Shanna Adler, Adam Namm and Robert Nelson-Sullivan, finance associates Isabella Cusano and Brett Novick, investment management associates Arthur Flynn, Paul Laszlo and Jihyun Yoo and M&A associates Sean Foley and Caitlin Joseph.

Involved fees earner: Martha Brown – Debevoise & Plimpton; Charity Brunson Wyatt – Debevoise & Plimpton; Erin Cleary – Debevoise & Plimpton; Isabella Cusano – Debevoise & Plimpton; Arthur Flynn – Debevoise & Plimpton; Sean Foley – Debevoise & Plimpton; Peter Furci – Debevoise & Plimpton; Douglas Hirn – Debevoise & Plimpton; Caitlin Joseph – Debevoise & Plimpton; Meir Katz – Debevoise & Plimpton; Paul Laszlo – Debevoise & Plimpton; Peter Loughran – Debevoise & Plimpton; Jonathan Miu – Debevoise & Plimpton; Adam Namm – Debevoise & Plimpton; Robert Nelson-Sullivan – Debevoise & Plimpton; Brett Novick – Debevoise & Plimpton; Nicholas Pellicani – Debevoise & Plimpton; Paul Rodel – Debevoise & Plimpton; Jonathan Steinberg – Debevoise & Plimpton; Jihyun Yoo – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: Core & Main;

Author: Martina Bellini