---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-118643"
form_type: "8-K"
ticker: "SGRY"
cik: "0001638833"
company_name: "Surgery Partners, Inc."
filed_at: "2026-10-26T13:03:42+00:00"
generated_at: "2026-10-26T13:05:04.637752+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.92
calibrated_materiality_score: 0.92
confidence: "high"
source: SEC EDGAR
---

# Surgery Partners to be taken private by HealthSpan Partners at $23.50/share in cash

## Summary
- Merger Agreement dated October 23, 2026: Spyglass Merger Subsidiary merges into Surgery Partners; each share converts to $23.50 cash, no interest.
- Parent is Spyglass Topco, LLC; Bon Secours Mercy Health, Inc. is guarantor, and HealthSpan Partners (a Parent/Guarantor affiliate) joined the October 26, 2026 press release.
- BCPE Seminole Holdings funds roll their shares into Parent equity instead of taking cash and agreed to vote in favor under a Voting and Support Agreement.
- Company termination fee is $108,986,842; outside End Date is July 23, 2027; closing needs majority-of-outstanding plus majority-of-disinterested stockholder votes and HSR clearance.
- Parent has a debt commitment letter for the financing, and consummation is not conditioned on financing.

## SEC filing metadata
- accession: 0001104659-26-118643
- form_type: 8-K
- ticker: SGRY
- cik: 0001638833
- company_name: Surgery Partners, Inc.
- filed_at: 2026-10-26T13:03:42+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.92
- calibrated_materiality_score: 0.92
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1638833/000110465926118643/0001104659-26-118643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1638833/000110465926118643/tm2628254d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-118643
- JSON: https://secwatch.observer/filing/0001104659-26-118643.json
- Plain text: https://secwatch.observer/filing/0001104659-26-118643.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.