Envision Healthcare Holdings, Inc. Announces Waiver of Certain IPO Lock-Up Restrictions
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Envision Healthcare Holdings, Inc. (NYSE: EVHC) (the “Company”) today announced that Goldman, Sachs & Co., Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, book-running managers in the Company’s initial public offering in August 2013, are waiving certain lock-up restrictions with respect to shares of the Company’s common stock held by certain investment funds sponsored by, or affiliated with, Clayton, Dubilier & Rice, LLC (the “CD&R Affiliates”) and certain officers and directors of the Company. The waiver will take effect on February 5, 2014 and will permit the offer and sale of shares by the CD&R Affiliates and such officers and directors only in the Company’s previously announced secondary offering of common stock. Subject to the terms of such waiver, the lock-up restrictions will otherwise remain in full force and effect.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. 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 Village, Colorado.