Pacific Equity Partners completed the acquisition of surgical business from Luye Medical Group for $292m.

Pacific Equity Partners, a private equity investment firm, completed the acquisition of the Healthe Care surgical business from Luye Medical Group, a healthcare services provider, for $292m. Healthe Care’s surgical hospitals portfolio consists of 19 private healthcare facilities in Australia and New Zealand and is regarded as one of the leading operators of surgical hospitals and day surgery centres in the region. The facilities concentrate on complex and specialised work, including high acuity procedures, orthopaedics, cardiology, urology, ophthalmology, endoscopy and other specialist services.