BrightSpring Prices 15M-Share Secondary Offering at $58.75, Plans $60.3M Share Repurchase
BTSG•BrightSpring’s selling stockholders, including KKR affiliate and management, are offering 15 million shares at $58.75 each in a secondary sale from which the company receives no proceeds. Simultaneously, BrightSpring will repurchase 1,026,694 shares at $58.75, with Goldman Sachs acting as sole book-running manager and closing expected June 5, 2026.
1. Secondary Offering Terms
BrightSpring Health Services’ selling stockholders, including an affiliate of Kohlberg Kravis Roberts and certain members of management, are offering 15 million common shares at a public offering price of $58.75 per share. BrightSpring will not sell any new shares and will receive no proceeds from this secondary transaction.
2. Concurrent Repurchase Authorization
The company has authorized the underwriter to sell back and repurchase 1,026,694 of the 15 million shares at $58.75 per share, with no underwriting fees on the repurchase and closing conditioned on the offering’s completion.
3. Offering Logistics and Timing
Goldman Sachs & Co. LLC is the sole book-running manager, and the offering and share repurchase are expected to close on June 5, 2026, under a shelf registration statement that became effective June 10, 2025.
