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Announced

Sun Capital Partners to acquire Miami Beach Medical Group from Gauge Capital for $500m.

Financials

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Transaction Value£377m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA12.57x
Share Price Premium-
One Off Charge-

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Friendly

Acquisition

primary care

Pending

Private

ancillary services

Domestic

Health Care Services

United States

Private Equity

Single Bidder

Majority

Disposal

Synopsis

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Sun Capital Partners, a private investment firm focused on investing in market-leading companies, agreed to acquire Miami Beach Medical Group, a provider of primary care, specialty care and ancillary services, from private equity firm Gauge Capital for $500m. “Working with the Sun Capital team gives us the resources we need to enhance operations and strengthen performance as we continue to deliver outstanding care to our patients and great value for our partners. With the industry expertise Sun Capital brings to the table, we are well-positioned to build on our delivery model and take advantage of new growth opportunities," Efrain Duarte, MBMG Chief Executive Officer.

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