BB&T Capital Markets Serves as an Underwriter on Axalta Coating Systems, Ltd.’s Follow-On Offering
BB&T Capital Markets’ Automotive Aftermarket Group served as a co-manager in Axalta Coating Systems’ $1.12 billion follow-on offering. Axalta is a portfolio company of The Carlyle Group.
About the Companies
Axalta Coating Systems, Ltd. manufactures, markets and distributes high performance liquid and powder coatings to customers worldwide. The Company offers products and services that include paint, color matching tools, application technologies, and customer training and business management systems. Axalta Coating Systems serves the global automotive, transportation, general industrial, and architectural and decorative sectors.
BB&T Capital Markets is the leading investment bank to the automotive aftermarket. We provide unparalleled industry expertise and transaction execution throughout the entire aftermarket channel - from suppliers and distributors to retailers and professional installers - in every segment of the $300 billion industry.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.