K2M’s $82.8 Million Secondary Offering of Common Stock


Simpson Thacher represented K2M Group Holdings, Inc. (“K2M”) in connection with a public offering of 4,500,000 shares of common stock by affiliates of Welsh, Carson, Anderson & Stowe XI, L.P. for aggregate net proceeds of approximately $82.8 million.

Wells Fargo Securities, LLC acted as the sole bookrunning manager and underwriter for the offering. Shares of K2M are listed on NASDAQ Global Select Market under the ticker symbol “KTWO.”

K2M is a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine technologies and techniques.

The Simpson Thacher team included Kenneth Wallach (Picture), Jonathan Ozner, Clark Warthen and Randi Lynn Veenstra (Capital Markets); Janice Brunner and Brenda Hwang (Public Company Advisory Practice); Marcy Geller, Jonathan Cantor and Michael Badain (Tax); and Marcela Robledo and Genevieve Dorment (Intellectual Property).

Involved fees earner: Kenneth Wallach – Simpson Thacher & Bartlett; Jonathan Ozner – Simpson Thacher & Bartlett; Charles Clark Warthen – Simpson Thacher & Bartlett; Randi Lynn Veenstra – Simpson Thacher & Bartlett; Janice Brunner – Simpson Thacher & Bartlett; Brenda Hwang – Simpson Thacher & Bartlett; Marcy Geller – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Michael Badain – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: K2M Group Holdings, Inc.;

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Author: Ambrogio Visconti