The Firm recently represented HCA Holdings, Inc., which is controlled by a private investor group comprised of affiliates of, or funds sponsored by, Bain Capital Partners LLC, Kohlberg Kravis Roberts & Co., BAML Capital Partners, Citigroup Inc., Bank of America Corporation and HCA founder, Dr. Thomas F. Frist, Jr., in connection with its initial public offering of common stock. The $4.35 billion offering was the largest private-equity backed IPO ever in the United States. HCA’s common stock is now listed on the New York Stock Exchange under the ticker symbol “HCA.”
HCA is the largest non-governmental hospital provider in the U.S. and a leading comprehensive, integrated provider of health care and related services.
The Simpson Thacher team for the transaction included Joseph Kaufman, Ellen Smiley, Andrew Veit, Chelsea Freeman, Jonathan Ozner and Craig Katerberg (Capital Markets); Chris May and Jonathan Strom (Sponsor Representation); James Cross, Brian Gluck and Andrea Sung (Banking and Credit); Steven Todrys, Jonathan Cantor, Jonathan Goldstein and Drew Purcell (Tax); Samantha Shipp (Executive Compensation and Employee Benefits); and Michael Isby and Tim Mulvihill (Environmental). Paralegal Alexandra McNicholas also provided valuable assistance.