Ingersoll Rand’s $725 Million Common Stock Offering

Simpson Thacher represented Ingersoll Rand Inc. and KKR Renaissance Aggregator L.P. on the offering.

Ingersoll Rand Inc. (“Ingersoll Rand”) and KKR Renaissance Aggregator L.P. (the “Selling Stockholder”) executed a secondary offering of common stock. The offering of 14,924,081 shares of common stock raised approximately $725 million in gross proceeds. The Selling Stockholder received all proceeds from the offering.

Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. acted as the underwriters of the offering.

Ingersoll Rand, driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for its employees, customers and communities. Customers lean on Ingersoll Rand for its technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where its products and services excel in the most complex and harsh conditions. Ingersoll Rand’s employees develop customers for life through their daily commitment to expertise, productivity and efficiency.

The Simpson Thacher team included Richard Fenyes (Picture), Brian E. Rosenzweig and Richie Ragusa (Capital Markets); Amanda Weiss and James Rapp (Public Company Advisory Practice); Nancy Mehlman and Jodi Schneider (Tax); and Genevieve Dorment and Bobbie Burrows (Intellectual Property).

Involved fees earner: Bobbie Burrows – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Richard Fenyes – Simpson Thacher & Bartlett; Nancy Mehlman – Simpson Thacher & Bartlett; Richard Ragusa – Simpson Thacher & Bartlett; James Rapp – Simpson Thacher & Bartlett; Brian Rosenzweig – Simpson Thacher & Bartlett; Jodi Schneider – Simpson Thacher & Bartlett; Amanda Weiss – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Ingersoll-Rand Company; KKR Renaissance Aggregator;

Author: Martina Bellini