Davis Polk advised Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC as joint book-running managers and representatives of the underwriters in connection with the $514.75 million SEC-registered secondary offering of 17,158,191 shares of common stock of Sprouts Farmers Market, Inc. The shares include 2,158,191 shares sold by the selling stockholders from the full exercise of the underwriters’ option to purchase additional shares. The common stock is listed on the NASDAQ Global Select Market under the symbol “SFM.”  

Sprouts Farmers Market is a healthy grocery store offering fresh, natural and organic foods at great prices. Sprouts offers a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. With more than 180 stores in 10 states, and more than 17,000 employees, Sprouts Farmers Market is one of the largest specialty retailers of natural and organic food in the United States.  

The Davis Polk capital markets team included partner Richard D. Truesdell Jr. and associates Marcel Fausten, Ferrell Maguire, Zachary N. Lupu and Kwesi Larbi-Siaw. The tax team included partner Michael Farber and law clerk Nicholas A. Machen. Associate Jansen A. S. Thurmer provided intellectual property advice. The environmental team included counsel Loyti Cheng and associate Amy E. Turner. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.