HealthEquity Completes $102 Million Secondary Stock Offering

September 25, 2015

Willkie client HealthEquity offered 3,450,000 shares of its common stock. 

On September 25, Willkie client HealthEquity, one of the nation's oldest and largest health savings custodians, completed a secondary public offering of 3,450,000 shares of its common stock, including the exercised underwriter’s option.

Founded in 2002, HealthEquity (NASDAQ: HQY) services more than 1.5 million health savings accounts for 70 health plan partners and employees at more than 27,000 companies across the United States.

The Willkie deal team was led by partners Gordon Caplan and Jeffrey Hochman and included associates Matthew Haddad, Christopher Edwab and Patrick Horan. The firm also represented HealthEquity in its initial public offering, which closed on August 5, 2014, resulting in net proceeds of approximately $133.4 million. View the IPO announcement here.