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 associate 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.