Surgical Care Affiliates has acquired St. Louis Cardiovascular Institute

Brown Gibbons Lang & Company (BGL) is pleased to announce a new partnership between St. Louis Cardiovascular Institute and Surgical Care Affiliates, LLC. 

SCA’s partnership represents a 51.0% majority ownership within both facilities and allows for each of the partner doctors to retain minority ownership and equity incentive.

SLCI is an office-based laboratory performing intervention and peripheral vascular procedures.

SLSSC is an ambulatory surgery center specializing in defibrillator, event recorder, pacemaker, catheterization, ERCP (endoscopic retrograde cholangiopancreatography), colonoscopy, and EGD (esophagogastroduodenoscopy) procedures.

SCA is a leader in the outpatient surgery industry, partnering with health plans, medical groups, and health systems across the country to develop and optimize surgical facilities. SCA operates more than 200 surgical facilities, including ambulatory surgery centers and surgical hospitals, in partnership with approximately 3,000 physicians.

SCA is a portfolio company of Optum. Optum, part of UnitedHealth Group (NYSE:UNH), is a leading information and technology-enabled health services business with more than 100,000 people worldwide.

BGL’s Healthcare & Life Sciences team initiated the transaction and served as the exclusive financial advisor to both SLCI and SLSSC; SCA is a portfolio company of Optum. The specific terms of the transaction were not disclosed.