Surgery Partners files for IPO: 5 things to know

Surgery Partners’ announced plans to file for an initial public offering in May. Now, the ASC company has filed for its IPO, according to a Reuters report.

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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.

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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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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