Convey Holding Parent $186.7 million IPO
Davis Polk advised the representatives of the several underwriters in connection with the $186.7 million initial public offering by Convey Holding Parent, Inc. (“Convey Health”) of 13,333,334 shares of its common stock, of which 1,666,667 shares were sold by a selling stockholder. The common stock is listed on the New York Stock Exchange under the symbol “CNVY.”
Convey Health is a specialized healthcare technology and services company that is committed to providing clients with healthcare-specific, compliant member support solutions utilizing technology, engagement and analytics. Convey Health’s administrative solutions for government-sponsored health plans help to optimize member interactions, ensure compliance and support end-to-end Medicare processes.
The Davis Polk capital markets team included partners Michael Kaplan and Derek Dostal and associate Heita Miki. Associates Yana Kipnis and Marisa Elena Bannon provided intellectual property advice. The tax team included counsel Ethan R. Goldman and associate Ben Levenback. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.