REV Group, Inc. Announces Launch of Proposed Secondary Offering of Common Stock

MILWAUKEE--()--REV Group, Inc. (NYSE:REVG) announced today an underwritten public offering of 10,000,000 shares of common stock by certain selling stockholders, subject to market conditions and other factors. REV Group is not selling any shares of common stock in the offering, and REV Group will not receive any proceeds from the offering by the selling stockholders. In connection with the offering, the selling stockholders intend to grant the underwriters an option to purchase up to 1,500,000 additional shares of common stock from the selling stockholders.

Goldman Sachs & Co. LLC, Morgan Stanley, Baird and Credit Suisse are acting as joint lead book-running managers and representatives of the underwriters for the proposed offering.

A registration statement on Form S-1 relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time that the registration statement becomes effective. A copy of the preliminary prospectus relating to this offering may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: 1-866-471-2526, or via email: prospectus-ny@ny.email.gs.com; Morgan Stanley & Co. LLC, Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202-5391, via telephone: 1-800-792-2473, or via email: syndicate@rwbaird.com; or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, via telephone: 1-800-221-1037, or via email newyork.prospectus@credit-suisse.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About REV Group

REV Group is a leading designer, manufacturer and distributor of specialty vehicles and related aftermarket parts and services. REV Group serves a diversified customer base primarily in the United States through three segments: Fire & Emergency, Commercial and Recreation. REV Group provides customized vehicle solutions for applications including: essential needs (ambulances, fire apparatus, school buses, mobility vans and municipal transit buses), industrial and commercial (terminal trucks, cut-away buses and street sweepers) and consumer leisure (recreational vehicles and luxury buses). REV Group’s brand portfolio consists of 29 well-established principal vehicle brands including many of the most recognizable names within its served markets. Several of REV’s brands pioneered their specialty vehicle product categories and date back more than 50 years. Investors-REVG

Contacts

REV Group, Inc.
Sandy Bugbee, 1-888-738-4037 (1-888-REVG-037)
investors@revgroup.com

Contacts

REV Group, Inc.
Sandy Bugbee, 1-888-738-4037 (1-888-REVG-037)
investors@revgroup.com