Mergers & AcquisitionsMedium•26 October 2026•
1 min read
Bain Capital to Take Surgery Partners Private in $23.50 Per Share Cash Deal
Key Facts
1Bain Capital affiliates backed a deal to take Surgery Partners private for $23.50 per share in cash.
2Bain Capital holds approximately a 39% stake in Surgery Partners and supports its merger into Spyglass Topco.
Bain Capital affiliates have entered into a merger agreement to take Surgery Partners (SGRY) private for $23.50 per share in cash. Stock Titan reported that Bain Capital, which currently holds an approximate 39% stake in the company, supports its merger into Spyglass Topco to transition the entity into a wholly-owned subsidiary.
SGRY closed at $15.75 on October 23, 2026, positioning the $23.50 offer price as a premium over recent closing levels. The stock traded between a low of $15.66 and a high of $16.16 during the October 23, 2026 session prior to the formalization of the take-private agreement.