Simpson Thacher represented BrightSpring Health Services in connection with its acquisition of Abode Healthcare from affiliates of Summit Partners. Financial terms of the transaction were not disclosed.
BrightSpring is the leading provider of comprehensive home and community-based health services to complex populations in need of specialized care. Abode Healthcare is a leading provider of home health and hospice services throughout the United States. BrightSpring is owned by KKR, with an affiliate of Walgreens Boots Alliance, Inc. as a minority investor.
The Simpson Thacher team includes Ravi Purushotham and Heesu Kim (M&A); Dennis Durkin (Credit); David Rubinsky and Caitlin Lucey (Employee Benefits and Executive Compensation); Sophie A. Staples (Tax); Peter Guryan, Kelly Karapetyan and Richard Jamgochian (Antitrust); Genevieve Dorment, Amber Harezlak and Kate Mirino (Intellectual Property); Krista McManus (Real Estate); and Steven DeLott (Insurance).