Envision Sold to KKR for $9.9 Billion

Client Type: Public Company

We represented Envision Healthcare Corporation (NYSE: EVHC) in its sale to KKR in an all-cash transaction for $9.9 billion, including debt. KKR paid $46 per Envision share in cash to buy the company, marking a 32 percent premium to the company’s volume-weighted average share price from November 1, when Envision announced it was considering its options. The transaction closed in October 2018.

Bass, Berry & Sims has served as primary corporate and securities counsel to Envision for more than 20 years.

The transaction was also covered by various media outlets, including:

Envision Healthcare Corporation is a leading provider of physician-led services and post-acute care, and ambulatory surgery services. As of December 13, 2018, they delivered physician services, primarily in the areas of emergency department and hospitalist services, anesthesiology services, radiology/tele-radiology services and children’s services to more than 1,800 clinical departments in healthcare facilities in 45 states and the District of Columbia.

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, growth equity, energy, infrastructure, real estate and credit, with strategic manager partnerships that manage hedge funds.

We represented Envision Healthcare Corporation (NYSE: EVHC) in its sale to KKR in an all-cash transaction for $9.9 billion, including debt. KKR paid $46 per Envision share in cash to buy the company, marking a 32 percent premium to the company’s volume-weighted average share price from November 1, when Envision announced it was considering its options. The transaction closed in October 2018.

Bass, Berry & Sims has served as primary corporate and securities counsel to Envision for more than 20 years.

The transaction was also covered by various media outlets, including:

Envision Healthcare Corporation is a leading provider of physician-led services and post-acute care, and ambulatory surgery services. As of December 13, 2018, they delivered physician services, primarily in the areas of emergency department and hospitalist services, anesthesiology services, radiology/tele-radiology services and children’s services to more than 1,800 clinical departments in healthcare facilities in 45 states and the District of Columbia.

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, growth equity, energy, infrastructure, real estate and credit, with strategic manager partnerships that manage hedge funds.