Here are five things to know.
1. Surgery Partners filed for IPO of common stock Aug. 17.
2. The filed IPO indicated a fundraising target of $100 million, according to the report. The filing did not indicate how many shares Surgery Partners plans to share or the expected price per share.
3. Surgery Partners, owned by H.I.G. Capital, is valued at approximately $2 billion.
4. Surgery Partners intends to list its common stock on the Nasdaq under the symbol “SGRY,” according to the report.
5. Surgery Partners acquired Symbion in 2014. The company now owns facilities in 28 states.
More articles on transactions and valuation issues:
28 ASC joint ventures & acquisitions in 2016 so far
MFC posts quarterly earnings
Rush medical center, orthopedics group propose new ambulatory center
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
