{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-006965","form_type":"8-K","ticker":"BTSG","cik":"0001865782","company_name":"BrightSpring Health Services, Inc.","filed_at":"2025-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.377074+00:00","generated_at":"2026-05-27T22:27:05.757713+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"BrightSpring sells Community Living unit for $835M to Sevita; issues preliminary 2024 results, 2025 outlook","bullets":["Divestiture of ResCare Community Living to Sevita for $835M cash; expected close H2 2025, subject to regulatory approvals.","Net after-tax proceeds ~$715M; primarily used for debt paydown, accelerating deleveraging toward <3.0x target.","Preliminary 2024 revenue $11.2B-$11.3B (26.9%-28.0% YoY) and Adj. EBITDA ~$588M, above prior guidance.","2025 guidance ex-Community Living: revenue $11.5B-$12.0B, Adj. EBITDA $540M-$555M (~17.4%-20.7% growth).","Divested business had ~14,000 clients, 13,500 employees; generated ~$1.2B revenue and ~$128M Adj. EBITDA in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-006965","json":"https://secwatch.observer/filing/0000950170-25-006965.json","markdown":"https://secwatch.observer/filing/0000950170-25-006965.md","text":"https://secwatch.observer/filing/0000950170-25-006965.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865782/000095017025006965/0000950170-25-006965-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865782/000095017025006965/btsg-20250117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T22:27:05.757713+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}