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