Claritev announces offering of 1.5M shares of Class A common stock for holders

Claritev (CTEV) Corporation announced the commencement of an underwritten public offering of 1.5M shares of its Class A common stock by certain affiliates of Hellman & Friedman. Claritev will not sell any shares of its Class A common stock in the offering and will not receive any proceeds from the sale of the shares of Class A common stock being offered by the selling stockholders. Barclays, Guggenheim Securities and Wells Fargo Securities are acting as joint-lead bookrunning managers for the offering. Citigroup and Piper Sandler are acting as additional bookrunners for the offering.