Bon Secours to Acquire Surgery Partners in $5.7B Deal

WHO:

Bloomberg Markets - Bon Secours Mercy Health, described as one of the country’s largest nonprofit hospital systems, is the acquiring organization.

Bloomberg Markets - Surgery Partners Inc. is the company being acquired.

Bloomberg Markets - The acquisition is to be made by an affiliate of Bon Secours Mercy Health.

Bloomberg Markets - The Financial Times report cited people familiar with the matter.

WHAT:

Bloomberg Markets - An affiliate of Bon Secours Mercy Health will acquire Surgery Partners Inc. in a deal with an enterprise value of $5.7 billion.

Bloomberg Markets - The deal would give Bon Secours Mercy Health a deeper reach into outpatient surgical care.

Bloomberg Markets - A separate report said Bon Secours Mercy Health was in late-stage talks to buy a majority stake in Surgery Partners, valuing the group at about $20 a share.

IJR - Bon Secours Mercy Health was reported to be in late-stage talks to buy Surgery Partners at an enterprise value of $5.7 billion–$6 billion.

IJR - Surgery Partners shares jumped following reports about the deal.

WHEN:

IJR - The article says reports about the deal appeared after Oct. 26, 2026.

WHY:

Bloomberg Markets - The acquisition would expand Bon Secours Mercy Health’s presence in outpatient surgical care.

HOW:

Bloomberg Markets - The acquisition is structured as a purchase by an affiliate of Bon Secours Mercy Health.

Bloomberg Markets - The Financial Times reported the proposed purchase of a majority stake and cited people familiar with the matter.

(UPDATED October 26, 2026 18:02 UTC)

An affiliate of Bon Secours Mercy Health, one of the country’s largest nonprofit hospital systems, is set to acquire Surgery Partners in a deal valued at $5.7 billion. The acquisition would expand Bon Secours Mercy Health’s reach in outpatient surgical care, while reports said the group was in late-stage talks to buy a majority stake at about $20 a share. Surgery Partners shares jumped after reports of the deal.