Initial Public Offering

Healthcare
Initial Public Offering

Summary

Baird served as a co- manager on this offering.

About

Press Ganey Holdings Inc. (“Press Ganey” or the “Company”) (NYSE: PGND) recently completed an initial public offering of 10,235,000 shares of common stock at a price of $25.00 per share, generating gross proceeds of approximately $255.9 million. The Company intends to use the net proceeds from the offering for repayment of its Term Loan Facility, payment of a one-time transaction advisory fee to Vestar Capital Partners and for general corporate purposes.

Founded in 1985, Press Ganey is recognized as a pioneer and thought leader in the approximately $3.7 billion United States’ market for patient experience measurement and performance improvement solutions. The company offers solutions for measuring and analyzing data collected from patients and caregivers, including patient experience insights measured through paper, phone, mobile and other electronic modes. The Company currently serves more than 22,000 healthcare facilities. Press Ganey is headquartered in Wakefield, Massachusetts.

For additional information about this transaction, please contact:

Bill Suddath +1 404-264-2222
Ben Brown +1 414-298-7013
Lance Lange +1 414-765-7079
James Weck +1 312-609-4675
Brian Thomas +1 415-627-3275
David Silver +44 207 667 8216
Healthcare
Initial Public Offering
Date
June 2015
Company
Press Ganey Holdings Inc.
Transaction
M&A
Sectors
Healthcare
Target Location
North America
Acquiror Location
North America

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