5 ASCs sell real estate to IRA Capital in last 30 days

Southern California private equity firm IRA Capital acquired Wauwatosa Surgery Center near Milwaukee, the firm said in a statement Aug. 16. The 11,200-square-foot facility provides outpatient services including anesthesiology, general surgery and orthopedic surgery.

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IRA acquired the ASC through a sale-leaseback structured with Surgical Care Affiliates and the property’s physician owners. The purchase is IRA Capital’s fifth ASC acquisition in the last 30 days. 

The firm bought Bettendorf, Iowa-based Genesis Center for Digestive Health on Aug. 3 and in late July acquired the facilities housing three San Antonio-based ASCs previously owned by Gastroenterology Consultants of San Antonio.

IRA Capital did not disclose details of the deals.

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