Simpson Thacher recently represented HCA Holdings, Inc. (“HCA”) and its principal stockholder, an entity affiliated with Bain Capital Partners, LLC and Kohlberg Kravis Roberts & Co., in connection with a secondary offering of 30,000,000 shares of common stock of HCA by the principal stockholder for aggregate gross proceeds of approximately $1.4 billion, and a concurrent share repurchase by HCA of 10,656,436 additional shares from the principal stockholder. The concurrent share repurchase resulted in additional gross proceeds of approximately $500 million.
HCA is the largest non-governmental hospital operator in the U.S. and a leading comprehensive, integrated provider of health care and related services.
The Simpson Thacher team for this transaction included: Joseph Kaufman, Karen Wang and Michael Guo (Capital Markets) and Nancy Mehlman, Jonathan Cantor, Andrew Purcell, Jonathan Goldstein and Jodi Sackel (Tax).
