Simpson Thacher represented Avantor and an entity affiliated with New Mountain Capital in connection with a secondary offering of Avantor common stock by New Mountain Capital and other selling stockholders. The offering of 51,750,000 shares of Avantor’s common stock raised approximately $840.9 million in gross proceeds, with the selling stockholders receiving all of the proceeds from the offering.
Avantor (NYSE: AVTR) is a leading global provider of mission critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries.
The Simpson Thacher team included Joe Kaufman, Ryan Bekkerus, Jessica Asrat, Hyo Min Kim, Crystal Oparaeke and Adriana Estor (Capital Markets); James Rapp (Public Company Advisory Practice); Larry Moss and Jamin Koslowe (Executive Compensation and Employee Benefits); John Creed and Sophie Staples (Tax); Adeeb Fadil and Noreen Lavan (Environmental); and Lori Lesser and Alysha Sekhon (Intellectual Property).