Latham Represents KKR Capital Markets and Other Underwriters in BrightView’s Secondary Offering

BrightView Holdings, Inc. (NYSE: BV), the nation’s largest commercial landscaper, has announced the pricing of an underwritten secondary offering by a selling stockholder affiliated with KKR & Co. Inc. (the Selling Stockholder) of 17,500,000 shares of common stock of BrightView pursuant to a registration statement filed by BrightView with the U.S. Securities and Exchange Commission. No shares are being sold by BrightView. The Selling Stockholder will receive all of the proceeds from this offering. The offering is expected to close on May 23, 2024, subject to customary closing conditions. KKR, Craig-Hallum, CJS Securities, Morgan Stanley, and Loop Capital Markets are acting as the active joint book-running managers for the offering. The underwriters intend to distribute the shares sold in the offering to a group of institutional investors led by T. Rowe Price Investment Management Inc.

Latham & Watkins LLP represented KKR Capital Markets and the other underwriters in the offering with a capital markets team led by partners Ian Schuman and Stelios Saffos, with associates Kaj Nielsen, Angel Marcial, Jie Lin Nai, Erin Gilgen, and Ilan Lavian. Advice was also provided on FINRA matters by partner Gail Neely, with associate Shira Mendelsohn; and on tax matters by partner and Jiyeon Lee-Lim.