Becker's Healthcare December 10, 2025
Private equity firms have become major players in the ASC industry through targeted acquisitions, platform building and strategic investments, according to an October report from the Private Equity Stakeholder Project.
2016: Kelso & Company purchased PE GI Solutions (formerly known as Physicians Endoscopy), a gastroenterology-focused ASC operator. It rebranded to PE GI Solutions in 2021 and was bought by SCA Health in 2022, ending PE ownership.
2017: Bain Capital bought a controlling stake in Surgery Partners, a major operator of ASCs and surgical hospitals, plus related diagnostics and physician and urgent care assets. On June 17, Surgery Partners rejected a buyout bid from Bain, its largest shareholder, and opted to remain independent. Bain, which owns about 39% of the company,...







