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Friday, September 22, 2023

KKR-Backed BrightSpring Is Said to Revive IPO Seeking $1 B

 

BrightSpring Health Services Inc., which withdrew its initial public offering plan last year, has confidentially refiled for a listing with a goal of raising $1 billion, according to people familiar with the matter.

A listing by the home and community-based health-care services provider backed by KKR & Co. is slated for the fourth quarter, said the people, who asked not to be identified because the information wasn’t public yet. BrightSpring has re-engaged Goldman Sachs Group Inc. and KKR’s own capital markets division as lead bookrunners for the offering, they said.

https://www.bloomberg.com/news/articles/2023-09-23/kkr-backed-brightspring-is-said-to-revive-ipo-seeking-1-billion

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