Bon Secours Mercy Health reportedly in talks to buy majority stake in Surgery Partners

Bon Secours Mercy Health is in late-stage talks to buy a majority stake in Surgery Partners, the Financial Times reports, citing people familiar with the matter. A potential take-private deal would give Surgery Partners an enterprise value of roughly $6 billion including $3.5 billion in debt, with Bain Capital retaining its almost 40 percent stake. The Financial Times says an acquisition would significantly accelerate Bon Secours' expansion into outpatient care.