|[February 05, 2014]
Envision Healthcare Holdings, Inc. Announces Pricing of Secondary Offering of Common Stock
GREENWOOD VILLAGE, Colo. --(Business Wire)--
Envision Healthcare Holdings, Inc. (NYSE: EVHC) (the "Company")
announced today the pricing of a secondary offering of 27.5 million
shares of its common stock by certain stockholders of the Company at a
public offering price of $30.50 per share. Investment funds sponsored
by, or affiliated with, Clayton, Dubilier & Rice, LLC and certain
executive officers and employees of the Company will be the selling
stockholders. In connection with the offering, the CD&R investment funds
have granted the underwriters an option to purchase up to 4.125 million
additional shares of common stock. The Company will not receive any
proceeds from the secondary offering. The secondary offering will be
made only by means of a prospectus.
Goldman, Sachs & Co., Barclays, BofA Merrill Lynch and Citigroup are
serving as lead joint book-running managers and as representatives of
the underwriters for the secondary offering. Credit Suisse, Deutsche
Bank Securities, Morgan Stanley, RBC Capital Markets and UBS Investment
Bank are acting as book-running managers. Jefferies is acting as lead
co-manager. Avondale Partners (News - Alert), Cantor Fitzgerald & Co., Oppenheimer &
Co., Piper Jaffray and William Blair are acting as co-managers of the
When available, copies of the final prospectus relating to the secondary
offering may be obtained from Goldman, Sachs & Co., Attention:
Prospectus Department, 200 West Street, New York, New York 10282, or by
telephone at 1-866-471-2526, or by facsimile at 1-212-902-9316 or by
email at email@example.com;
Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, telephone: (888 603-5847, or by e-mail: firstname.lastname@example.org;
BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus
Department, email email@example.com;
or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, telephone: (800) 831-9146, or by e-mail: firstname.lastname@example.org.
A registration statement relating to these securities has been filed
with, and declared effective by, the Securities and Exchange Commission.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
shares in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any state.
About Envision Healthcare Holdings, Inc.
Envision Healthcare Holdings, Inc. offers an array of healthcare-related
services to consumers, hospitals, healthcare systems, health plans and
local, state and national government entities. Through Envision
Healthcare Corporation, we operate American Medical Response, Inc.
("AMR") and EmCare Holdings, Inc. ("EmCare"), including its new
post-acute services under Evolution Health, LLC ("Evolution Health").
AMR, with more than 12,000 paramedics and emergency medical technicians,
is a provider and manager of community-based medical transportation
services, including emergency (911), non-emergency, managed
transportation, fixed-wing air ambulance and disaster response. EmCare,
with nearly 8,000 affiliated physicians and other clinicians, is a
provider of integrated facility-based physician services, including
emergency, anesthesiology, hospitalist/inpatient care, radiology,
tele-radiology and surgery. Evolution Health provides comprehensive care
to patients across various settings, many of whom suffer from advanced
illnesses and chronic diseases. We are headquartered in Greenwood
This press release includes "forward-looking statements," including with
respect to the secondary offering, within the meaning of Section 27A of
the Securities Act and Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements are subject to known and
unknown risks and uncertainties, many of which may be beyond our
control. We caution you that the forward-looking information presented
in this press release is not a guarantee of future events, and that
actual events may differ materially from those made in or suggested by
the forward-looking information contained in this press release. In
addition, forward-looking statements generally can be identified by the
use of forward-looking terminology such as "may," "plan," "seek,"
"comfortable with," "will," "expect," "intend," "estimate,"
"anticipate," "believe" or "continue" or the negative thereof or
variations thereon or similar terminology. Any forward-looking
information presented herein is made only as of the date of this press
release, and we do not undertake any obligation to update or revise any
forward-looking information to reflect changes in assumptions, the
occurrence of unanticipated events, or otherwise.
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