BrightSpring’s marriage with KKR’s PharMerica said to command $1.3-bln-plus valuation


BrightSpring, Pharmerica, KKR, healthcare, senior citizens, private equity, merger, M&A
A healthcare worker makes a home visit to a senior citizen. Dean Mitchell/E+/Getty Images
Onex Partners concluded its sales process for BrightSpring Health Services, agreeing to combine with KKR-backed pharmacy-services provider PharMerica. Terms weren’t disclosed, but the deal commanded a 9x to 9.5x multiple of Ebitda, a source familiar with the matter said. The Louisville, ...

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