Latham & Watkins Advises on BrightSpring’s Secondary Offering of Common Stock
BrightSpring Health Services, Inc. (Nasdaq: BTSG) (BrightSpring), a leading provider of home and community-based health services for complex populations, has announced the pricing of an underwritten secondary offering by certain of its stockholders (the selling stockholders), including an affiliate of Kohlberg Kravis Roberts & Co. L.P. and certain members of management, of an aggregate of approximately 15 million shares of common stock of BrightSpring, at the public offering price of US$58.75 per share. No shares are being sold by BrightSpring in the offering. The selling stockholders will receive all of the proceeds from this offering. The offering is expected to close on June 5, 2026, subject to customary closing conditions.
Latham & Watkins LLP represents the underwriter in the offering with a Capital Markets team led by partners Marc Jaffe, Ian Schuman, and Kaj Nielsen, with associates Emma Fichtel and Molly Mitchell. Advice was also provided on healthcare matters by partner Joseph Hudzik and counsel Nicole Liffrig Molife, with associates Margaret Rote and Megan Lich; and on tax matters by partner Elena Romanova, with associate Jack Santoro.