Simpson Thacher represented the underwriters in connection with the initial public offering by Signify Health, Inc., a portfolio company of New Mountain Capital, of 27,025,000 shares of its Class A common stock, inclusive of the underwriters’ full exercise of their option to purchase additional shares. The offering raised approximately $648.6 million in gross proceeds and closed on February 16, 2021.
Signify Health (NYSE: SGFY) is a leading healthcare platform that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs.
The Simpson Thacher team included Joe Kaufman, Ryan Bekkerus, Jessica Asrat and Catherine Ciriello (Capital Markets); Russell Light, Joseph Tootle and Scott Grundei (Tax); Vanessa Burrows (Healthcare); Lori Lesser and Amber Harezlak (Intellectual Property); Shari Ness (Public Company Advisory Practice); Jamin Koslowe and Alyssa Ohanian (Executive Compensation and Employee Benefits); Abram Ellis and Laurel Fresquez (Regulatory); Adeeb Fadil and Noreen Lavan (Environmental); and Jennie Getsin (FINRA).