Insightful analysis and commentary for the US and global equity investor
Contributors: Douglas McIntyre Jon C. Ogg

Previous Posts

Tuesday, October 10, 2006

Nursing Home IPO Filing: SHG Holding Solutions

SHG Holding Solutions has filed to come public via an IPO under the ticker "SKH" on the NYSE. The company provides a skilled nursing facility and rehab therapies, as well as assisted living centers. It has 59 skilled nursing facilities and 12 assisted living facilities with some 8,200 beds. It has targeted urban and suburban areas in California, Texas, Kansas, Missouri, and Nevada. It employs some 8,500 employees.

Its Q1 2006 results were $124.6 million in revenues, roughly 13.9% higher than the Q1 2005. It also posted earnings of $4.2 million, but that was lower than the year before after items were included.

More information can be found at

Credit Suisse is the lead manager in the deal, and the extensive co-manager list is as follows: UBS, Banc of America, Bear Stearns, Goldman Sachs, J.P.Morgan, Lehman, RBC Capital, and Scotia Capital. Financial terms have not yet been indicated.

Jon C. Ogg
October 10, 2006

Powered by Blogger