Deal Details
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:
- Date
- June 2015
- Company
- Press Ganey Holdings Inc.
- Transaction
- M&A
- Sectors
- Healthcare
- Target Geography
- North America
- Acquiror Geography
- North America
Share