M&A - BCPE Seminole Holdings LP

Form Type: SCHEDULE 13D/A

Filing Date: 2025-01-28

Corporate Action: Acquisition

Type: Update

Accession Number: 000095017025009488

Filing Summary: On January 27, 2025, Bain Capital Private Equity, LP, acting on behalf of BCPE Seminole Holdings LP and its affiliates, delivered a non-binding proposal to acquire all outstanding shares of Surgery Partners, Inc. that they do not already own for cash consideration of $25.75 per share. This Amendment No. 9 updates the initial Schedule 13D statement originally filed on September 8, 2019, providing details on the shares held and the proposed transaction, which is subject to closing conditions and does not guarantee that a definitive agreement will be reached. The Reporting Persons currently hold about 39.3% of the Issuer's shares and may engage in further negotiations and proposals, leading to possible extraordinary corporate transactions including a merger. The percentage ownership information is based on a total of 127,113,514 shares issued and outstanding as of November 5, 2024, reported in a Form 10-Q filed by the Issuer.