Bon Secours Mercy Health Eyes $6 Billion Surgery Partners Deal

Bon Secours Mercy Health is in late-stage negotiations to acquire a majority stake in Surgery Partners. The potential take-private transaction would value Surgery Partners at approximately $20 per share, creating an enterprise value of roughly $6 billion, which includes $3.5 billion in debt.

Under the proposed terms of the deal, Bain Capital would retain its existing stake of nearly 40 percent in the company. The acquisition is designed to significantly accelerate the expansion of Bon Secours Mercy Health into the outpatient care sector.