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Announced

Completed

Wellspring Capital completed the acquisition of Summit Spine & Joint Centers from MSouth Equity.

Synopsis

Wellspring Capital, a private equity firm, completed the acquisition of Summit Spine & Joint Centers, a provider of minimally invasive spine services, from MSouth Equity, a private equity investment firm. Financial terms were not disclosed. "We believe Summit represents a truly unique platform in the minimally invasive spine sector and are thrilled to partner with Dr. Patel and team. The company's physician centered approach, dedication to innovation, and impressive growth through de novo expansion make them an outstanding addition to our portfolio. Summit's commitment to delivering high-quality, minimally invasive spinal care aligns well with our healthcare strategy of investing in industry leaders who are making a meaningful impact to patient outcomes in outpatient settings," Naishadh Lalwani, Wellspring Managing Partner.

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