On October 20, 2025, BrightSpring Health Services, Inc. announced that certain of its stockholders, including an affiliate of Kohlberg Kravis Roberts & Co. L.P. and members of management, intend to offer an aggregate of 15,000,000 shares of common stock in a secondary offering. The company will not receive any proceeds from the sale of these shares.
Concurrently, BrightSpring announced its intention to repurchase up to $100 million of its common stock from the underwriters in the offering. This share repurchase program aims to offset some of the potential dilutive effects of the secondary offering.
The pricing of this secondary offering was also announced on October 20, 2025. This dual announcement reflects a complex capital markets event, balancing existing shareholder liquidity with the company's efforts to manage its share count.
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