BrightSpring Health Services Inc., a community-based healthcare services provider, recently entered the stock market through an initial public offering (IPO). The company specializes in offering home health, rehab, and hospice care to patients with complex or chronic medical conditions, and operates 180 pharmacies nationwide.
Business Focus
- Focuses on treating patients with complex or chronic medical conditions
- Provides home health, rehab, and hospice care
- Operates 180 pharmacies across the country
IPO Details
- The IPO priced at $13 per share, raising about $633 million, valuing BrightSpring at $2.2 billion.
- The company sold about 53.3 million shares at $13 per share, giving it a market value of nearly $1.9 billion.
- The offering is led by top financial firms such as Goldman Sachs, KKR, Jefferies Financial, Morgan Stanley, and UBS Group.
