Barnes & Thornburg Leads BrightSpring Health Services in $881M Secondary Offering and Concurrent Share Repurchase

Barnes & Thornburg represented BrightSpring Health Services, a provider of home and community-based health services, in an $881 million secondary offering by selling stockholders.

The selling stockholders, including affiliates of Kohlberg Kravis Roberts & Co. and certain members of BrightSpring’s management team, received all of the proceeds from the offering of approximately 15 million shares. The company also purchased over 1.026 million shares from the underwriter as part of the offering.

The offering and share repurchase closed on June 5, 2026.

Based in Louisville, Ky., BrightSpring delivers complementary home- and community-based pharmacy and provider health services to complex populations in need of specialized and/or chronic care. The company operates in 50 states, serving more than 475,000 patients daily through its approximately 12,400 clinical providers and pharmacists.

The BT Securities and Capital Markets team was led by partners Jay Knight, Taylor Wirth and Jeff Hopper, and associates Caylyn Harvey and Mikaela Heck.