Follow-on Offering

Healthcare
Follow-on Offering

Summary

Baird served as a co-manager on this offering

About

Cotiviti Holdings, Inc. (“Cotiviti” or the “Company”) (NYSE:COTV) recently completed a follow-on offering of 10,000,000 common shares at a price of $37.00 per share, generating gross proceeds of approximately $370 million. Cotiviti has granted to the underwriters of the offering a 30-day option to purchase up to an additional 1,500,000 shares of common stock. The Selling Stockholders will receive all of the proceeds from this offering.

Cotiviti is a leading provider of payment accuracy and analytics-driven solutions that helps risk-bearing healthcare organizations and retailers achieve their business objectives. Through a combination of analytics, technology and deep industry expertise, Cotiviti’s solutions create insights that unlock value from the complex interactions between clients and their stakeholders. Cotiviti serves more than 20 of the top 25 United States healthcare payers and eight of the top 10 United States retailers. The Company is headquartered in Atlanta, Georgia.

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Healthcare
Follow-on Offering
Date
August 2017
Company
Cotiviti Holdings, Inc.
Transaction
M&A
Sectors
Healthcare
Target Location
North America

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