Surgery Partners surges on report of $6 billion Bon Secours takeover
+47.62% to $23.25 from $15.75
What moved SGRY
- The Financial Times reported Bon Secours Mercy Health is in late-stage talks to buy a majority stake in Surgery Partners at about $20 a share, valuing the company at roughly $6 billion including about $3.5 billion of debt.
- Bain Capital, Surgery Partners’ largest shareholder since 2017, would retain its roughly 40% stake under the reported structure.
- Surgery Partners operates 176 surgery centers and hospitals across 30 states, while Bon Secours runs 47 hospitals in the US and Ireland with about $14 billion in revenue last year.
- The report follows Surgery Partners’ rejection of an earlier, roughly $6.7 billion take-private bid led by Bain Capital in mid-2025.
Sources: Financial Times · Private Equity Wire · Dealroom.co