H.I.G.-backed Surgery Partners Completes IPO, Raises $271M
October 02, 2015
H.I.G. Capital-backed Surgery Partners has completed its IPO, listing on the NASDAQ under the symbol SGRY. The company priced shares at $19, below its previously expected range, raising over $271.4 million. Acquired by H.I.G. in 2010, Surgery Partners is an operator of surgical facilities; it currently runs a portfolio of 99 facilities comprised of 94 ambulatory surgery centers and five surgical hospitals across 28 states. Shares of the company closed yesterday's trading session down 4.7% at $18.11.