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Performance Food Group Priced, NYSE: PFGC

Third-largest US foodservice distributor LBO'd by Blackstone.

Industry: Consumer Staples

First Day Return: +1.1%

Industry: Consumer Staples

We market and distribute approximately 150,000 food and food-related products to customers across the United States from 68 distribution facilities. We serve over 150,000 customer locations in the “food-away-from-home” industry. We offer our customers a broad assortment of products including our proprietary-branded products, nationally-branded products, and products bearing our customers’ brands. Our product assortment ranges from “center-of-the-plate” items (such as beef, pork, poultry, and seafood), frozen foods, and groceries to candy, snacks, and beverages. We also sell disposables, cleaning and kitchen supplies, and related products used by our customers. In addition to the products we offer to our customers, we provide value-added services by allowing our customers to benefit from our industry knowledge, scale, and expertise in the areas of product selection and procurement, menu development, and operational strategy.
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IPO Data
IPO File Date 09/09/2014
Offer Price $19.00
Price Range $22.00 - $25.00
Offer Shares (mm) 14.5
Deal Size ($mm) $276
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/30/2015
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $276
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Richmond, VA, United States
Founded 1875
Employees at IPO 12,000
Website www.pfgc.com

Performance Food Group (PFGC) Performance