Simpson Thacher represented BrightSpring Health Services, Inc., a portfolio company of Kohlberg Kravis Roberts & Co. L.P., in connection with its initial public offering of common stock and its concurrent public offering of 6.75% tangible equity units, which together raised approximately $1.1 billion in gross proceeds. BrightSpring’s common stock and tangible equity units are now listed on the Nasdaq Global Select Market under the ticker symbols “BTSG” and “BTSGU,” respectively.
BrightSpring is a leading home and community-based healthcare services platform, focused on delivering complementary pharmacy and provider services to complex patients.
The Simpson Thacher team included Joe Kaufman, Sunny Cheong, Evan Zuckerman, Asha Amin and Ellen Gao (Capital Markets); Lia Toback (Tangible Equity Units); Jennifer Nadborny, Bettina Elstroth and Arielle Katzman (Public Company Advisory Practice); David Rubinsky, Ryan Stott and Alli Sutherland (Executive Compensation and Employee Benefits); Vanessa Burrows and Nawa Lodin (Healthcare); Sophie Staples and Ruoxi Zhang (Tax); Lori Lesser, Corina Holland and Mark Natividad (IP); Dan Kay, Dennis Durkin and Mari Zaldivar (Credit); and Jennie Getsin and Andrew Pagliughi (FINRA).