Selling stockholders, including J.H. Whitney Equity Partners, priced a 15M share secondary offering for Aveanna Healthcare at $11.75 per share.
Aveanna Healthcare Holdings (AVAH) priced a secondary public offering of 15M shares at $11.75 per share. The shares are being sold by existing stockholders, including affiliates of J.H. Whitney Equity Partners VII, LLC.
The offering does not involve new shares issued by the company, meaning proceeds will not go to Aveanna Healthcare. This follows prior secondary offerings by major stakeholders in the healthcare services provider.
No immediate market reaction was disclosed in the announcement.