Funding Tracker/Surgery Partners

Take-private acquisition · Hospital Operations · United States

Surgery Partners: $5.7B acquisition agreement

Announced October 26, 2026

The round

Surgery Partners announced a Take-private acquisition with approximately $5.7B enterprise value on October 26, 2026, led by HealthSpan Partners. Other participants include Bain Capital.

The SignalApproximately $5.7 billion enterprise value, not venture funding or cash consideration alone. The agreement provides $23.50 per share for eligible shareholders. Bain affiliates roll over shares. Shareholder and regulatory approvals remain pending.

What Surgery Partners does

Operator of surgical facilities with an agreed HealthSpan Partners take-private transaction.

HealthSpan Partners agreed on October 26, 2026 to acquire Surgery Partners in a transaction with approximately $5.7 billion enterprise value. Eligible shareholders would receive $23.50 per share in cash; Bain affiliates will roll over shares. The transaction remains subject to shareholder and regulatory approvals. Enterprise value is not a venture funding round.

Full Surgery Partners profile
Enterprise value
$5.7B
Stage
Take-private acquisition
Announced
October 26, 2026
Led by
HealthSpan Partners
Other investors
Bain Capital
Vertical
Hospital Operations
Country
United States

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