We advised Privia on its debut shelf takedown offering

Davis Polk advised Privia Health Group, Inc. in connection with the establishment of a WKSI shelf and its debut SEC-registered shelf takedown of 5,750,000 shares of common stock sold by certain selling stockholders for approximately $135 million in total gross proceeds, including 750,000 shares purchased pursuant to the full exercise of the underwriters’ option to purchase additional shares. The shares of common stock are listed on the Nasdaq Global Select Market under the symbol “PRVA.”

Privia Health is a technology-driven, national physician enablement company that collaborates with medical groups, health plans and health systems to optimize physician practices, improve patient experiences and reward doctors for delivering high-value care in both in-person and virtual settings. Privia Health’s platform is led by top industry talent and exceptional physician leadership, and consists of scalable operations and end-to-end, cloud-based technology that reduces unnecessary healthcare costs, achieves better outcomes and improves the health of patients and the well-being of providers.

The Davis Polk capital markets team included partner Richard D. Truesdell Jr. and associates Michael Jiang and Christopher Piazza. The executive compensation team included partner Kyoko Takahashi Lin and counsel Kevin A. Brown. The tax team included partner Kara L. Mungovan. All members of the Davis Polk team are based in the New York office.

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