Milwaukee-based Douglas Dynamics Inc., a publicly traded manufacturer snow plow manufacturer, will launch a secondary offering of five million shares of its stock to certain shareholders. Those shareholders, which include Aurora Capital Group and Ares Management, will also be granted a 30 day option to buy an additional 750,000 shares.
The offering will be underwritten by Credit Suisse Securities LLC, Oppenheimer & Co. Inc. and Robert W. Baird & Co.