Simpson Thacher represented BrightView Holdings, Inc. (“BrightView”), a portfolio company of Kohlberg Kravis Roberts & Co. L.P., in connection with its initial public offering of common stock, which raised approximately $539 million in gross proceeds, reflecting the full exercise of the underwriters’ option to purchase additional shares. Shares of BrightView are now listed on the New York Stock Exchange under the ticker symbol “BV.”
BrightView is the largest provider of commercial landscaping services in the United States. Through its team of approximately 19,000 employees, BrightView provides services ranging from landscape maintenance and enhancements to tree care and landscape development for thousands of customers’ properties, including corporate and commercial properties, HOAs, public parks, hotels and resorts, hospitals and other healthcare facilities, educational institutions, restaurants and retail, and golf courses, among others.
The Simpson Thacher team included Joe Kaufman, Brian Rosenzweig, Rob Kelley and Chase Bentley (Capital Markets); Gary Horowitz and Jakob Rendtorff (M&A); James Rapp and Joia Lee (Public Company Advisory Practice); Tristan Brown and Alisa Tschorke (Executive Compensation and Employee Benefits); Brian Mendick (Tax); James Cross, Michael Vernace and Michael Ratay (Credit); Jennie Getsin (FINRA); Michael Isby (Environmental); and Marcela Robledo (Intellectual Property).