Ropes & Gray Counsels CCMP Capital Advisors and PQ Group Holdings Inc. in Public Offering of Common Stock
Ropes & Gray counseled CCMP Capital Advisors and PQ Group Holdings Inc. in its proposed initial public offering of 29,000,000 shares of common stock, which launched with a price range of between $21.00 to $23.00 per share. PQ will also grant the underwriters an option to purchase up to an additional 4,350,000 shares of its common stock. The offering is being made pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission.
PQ is an integrated, global provider of catalysts, specialty materials and chemicals, and services. The company holds leading supply positions in North America, Europe, South America, and Asia.
The Ropes & Gray team was led by private equity partners Craig Marcus and David Blittner, benefits partner Renata Ferrari, real estate partner Peter Alpert, securities & public companies associates Raymond Grant and Tara Oh and benefits associate Claire Rosa.