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Announced

Completed

TPG Capital completed the investment in Health Velocity Capital-backed Compass Surgical Partners.

Synopsis

TPG Capital, a global alternative asset management firm, completed the investment in Health Velocity Capital-backed Compass Surgical Partners, an independent full-service ambulatory surgery center development and management partner. Financial terms were not disclosed. “We have known DJ and the Compass team for a number of years and are excited to partner with such a high caliber team and Company. Compass offers deep strategic and operational expertise to guide its provider partners through the complexities of ASC development and management. This investment is a continuation of our longstanding investment thesis around partnering with great operators to build leading ambulatory care networks through joint ventures with health systems and physician groups. We look forward to collaborating with the entire Compass team and the Company’s existing investors in the coming years,” Zach Ferguson, TPG Capital Partner.

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