Barnes & Thornburg Represented BrightSpring Health Services in $304.5 Million Secondary Offering

BrightSpring Health Services, Inc. (BrightSpring) (Nasdaq: BTSG), a leading provider of home and community-based health services for complex populations, recently announced the closing of its previously announced underwritten secondary offering by certain stockholders, including affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR) and certain members of management, of an aggregate 14 million shares of common stock pursuant to a shelf registration statement filed by BrightSpring with the U.S. Securities and Exchange Commission (SEC), at the public offering price of $21.75 per share. The KKR selling stockholder granted the underwriters a 30-day option to purchase up to an additional 2.1 million shares of BrightSpring’s common stock. 

Barnes & Thornburg LLP represented BrightSpring in the offering with Securities & Capital Markets team led by partners Jay Knight, Taylor Wirth and Scott Budlong, with associates Kathleen Martini and Caylyn Harvey. Advice was also provided on corporate matters by partner Jeff Hopper; healthcare matters by partner Jason Wallace; and on tax matters by partner Michele Alexander.