BrightSpring Health Services Goes Public 

BrightSpring, which provides home- and community-based services (HCBS), went public on January 25, 2024, with a $2.8 billion valuation.  BrightSpring anticipates raising approximately $960 million in an initial public offering (IPO) through the sale of 53.3 million shares of its common stock priced between $15 and $18 each. BrightSpring is concurrently offering 8 million tangible equity units priced at $50 per unit. BrightSpring began trading on NASDAQ under the ticker symbols “BTSG” and “BTSGU.” 

BrightSpring intends to use the net proceeds from the offerings to repay debt including under its revolving credit . . .