The Firm represented the underwriters, led by Barclays Capital Inc. and Goldman, Sachs & Co., in connection with the initial public offering by Press Ganey Holdings, Inc. of 10,235,000 shares of common stock (including shares sold pursuant to the underwriters’ full exercise of their over-allotment option) at a public offering price of $25 per share. Press Ganey’s common stock began trading on the New York Stock Exchange under the ticker symbol “PGND” on May 21, 2015.
Press Ganey is a leading provider of patient experience measurement, performance analytics and strategic advisory solutions for healthcare organizations across the continuum of care. Its mission is to help healthcare organizations reduce patient suffering and improve clinical quality, safety and the patient experience.
The Simpson Thacher team for the transaction included Art Robinson, Patrick Baron, Kristina Agassi and Meredith Hunt (Capital Markets); George Davis (Tax); Aimee Adler and Samantha Steinfeld (ECEB); Adeeb Fadil and Louise Kruger (Environmental); Michelle Morad (IP); Andrew Pagliughi (Blue Sky/FINRA); and Andrea Andrezo (PCAP).