On September 29, 2021, Montrose Environmental Group announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock at a price of $62.00 per share, before underwriting discounts and commissions. The offering was upsized from the previously announced 1,750,000 shares. Montrose has also granted the underwriters a 30-day option to purchase up to an additional 375,000 shares of common stock. All of the securities to be sold in the offering are being offered by Montrose. Wilson Sonsini Goodrich & Rosati is advising the underwriters in the transaction.
J.P. Morgan, BofA Securities, and William Blair are acting as joint leading book-running managers and representatives of the underwriters for the offering. Stifel, Needham & Company, Capital One Securities, and BNP PARIBAS are also acting as joint book-running managers for the offering.
The Wilson Sonsini core team advising the underwriters includes partner Michael Coke and associates Gordon Grafft and Jackie Jung.
Please see Montrose Environmental’s press release for more information.