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McGuireWoods says it advised HealthSpan on regulation for its Surgery Partners acquisition
McGuireWoods said it served as healthcare regulatory counsel to HealthSpan Partners on its agreement to acquire Surgery Partners in an all-cash transaction valued at approximately $5.7 billion. The firm said HealthSpan is an affiliate and supporting organization of Bon Secours Mercy Health.
Key points
- McGuireWoods said Surgery Partners operates more than 200 locations across approximately 30 states.McGuireWoods
- The firm said Surgery Partners has approximately 5,000 affiliated physicians.McGuireWoods
- McGuireWoods said closing was expected in the first quarter of 2027, subject to shareholder and regulatory approvals and customary conditions.McGuireWoods
- The firm said Surgery Partners would become privately held upon completion.McGuireWoods