Bon Secours Nears Surgery Partners Buyout
Bon Secours Mercy Health is in late stage talks to acquire a majority stake in Surgery Partners in a transaction valuing the company at approximately six billion dollars. Bain Capital will retain its significant shareholding in the take private deal.
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Bon Secours Mercy Health is in late-stage talks to acquire a majority stake in SURGERY PARTNERS INC in a transaction valuing the short-stay surgery operator at $6B including debt, per the Financial Times. The takeover values the target at $20 a share, representing a 25.8% premium to its last close of $15.90, according to LSEG data. The deal matters because it would reshape ownership in the United States healthcare sector while leaving major private equity backing intact.
