USPI (Tenet Healthcare) to Acquire Compass Surgical Partners’ Interests in Nine Ambulatory Surgery Centers

United Surgical Partners International Acquires Majority Stake in Lync Health Partners

March 31, 2026

Healthcare Services

Lync Health Partners, an orthopedic ambulatory surgery center and management services organization, entered a majority recapitalization backed by United Surgical Partners International. Citizens Capital Markets advised Lync Health Partners on the deal; financial terms were not disclosed.

Surgery Partners Acquires Two San Jose Ambulatory Surgery Centers

May 29, 2025

Healthcare Services

Surgery Partners has acquired Montpelier Surgery Center and Advanced Surgery Center, two independent ambulatory surgery centers in San Jose, California. The transactions expand Surgery Partners’ South Bay footprint and consolidate its position as a leading ASC operator in the region.

TPG Growth Invests in Compass Surgical Partners

January 23, 2024

Healthcare Services

TPG Growth has made a strategic growth equity investment in Compass Surgical Partners, participating alongside existing investor Health Velocity Capital. The capital will be used to accelerate Compass's expansion of ambulatory surgery center (ASC) joint ventures with health systems and physician groups across the U.S.; terms were not disclosed.

Health Velocity Capital Makes Minority Investment in Compass Surgical Partners

March 21, 2022

Healthcare Services

Health Velocity Capital has made a minority growth investment in Compass Surgical Partners, a U.S.-based developer and manager of ambulatory surgery centers (ASCs). The financing will support Compass’s expansion into new markets and investments in data & analytics, physician practice support services, value-based care initiatives and other capabilities to scale outpatient orthopaedic and spine services.

Tenet / USPI Acquire SurgCenter Development

November 8, 2021

Healthcare Services

Tenet Healthcare and its subsidiary United Surgical Partners International (USPI) agreed to acquire SurgCenter Development (SCD), purchasing SCD's ownership interests in a portfolio of ambulatory surgery centers and related ambulatory services for approximately $1.1–$1.2 billion. The deal includes a five-year partnership and development agreement under which USPI has the exclusive option to partner on at least 50 de novo centers over five years and an ongoing offer to acquire physician equity interests for up to $250 million.

Spectrum Equity and Health Enterprise Partners Lead Majority Recapitalization of Payer Compass

January 4, 2019

Healthcare Services

Payer Compass, a Dallas-based provider of healthcare reimbursement technology and price transparency solutions, received a majority recapitalization led by growth equity firm Spectrum Equity alongside Health Enterprise Partners. The investment will support product and go-to-market expansion across health plans, self-insured employer groups, third-party administrators and brokers; representatives from both investors will join Payer Compass’ board.