AcquisitionOct 26, 2026Pending
Hot🇺🇸 United States
SPSurgery Partners, Inc.HPHealthSpan Partners
Healthcare › Healthcare Services
Enterprise value$5.7BEnterprise value
AnnouncedOct 26, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
HealthSpan Partners agreed to acquire Surgery Partners, Inc. for an enterprise value of approximately $5.7 billion, with Surgery Partners shareholders other than Bain Capital affiliates receiving $23.50 in cash per share and Bain Capital affiliates rolling over their shares into equity interests in the acquiring entity.
Deal rationale
The combination is intended to establish one of the country’s largest outpatient surgical care platforms and expand access to high-quality, affordable care across a broader range of settings.
AI-generated from the SEC filingPendingHealthcare › Healthcare ServicesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $5.7B | Headline figure |
| Consideration | Cash and stock |
Advisors
Buy-side
JJefferies
Sell-side
CPCenterview PartnersLPLeerink PartnersMMoelis & Company
Parties
Target
SPSurgery Partners, Inc.
- Headquarters
- United States
- Ticker
- SGRY
Acquirer
HPHealthSpan Partners
- Headquarters
- United States
- Ticker
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