United Surgical Partners stockholders approve merger with private equity firm

By Lisa Kerner

Charlotte, N.C., April 18 - United Surgical Partners International, Inc. said its stockholders approved the merger agreement under which the company will be acquired for $31.05 per share by an affiliate of Welsh, Carson, Anderson & Stowe at a special meeting on Wednesday.

The $1.8 billion transaction includes the assumption of certain debt obligations and is expected to close on Thursday, according to a company news release.

United Surgical Partners announced the merger agreement on Jan. 8.

Welsh Carson is a Dallas-based private equity firm.

United Surgical was founded by Donald Steen and Welsh Carson to own and manage short-stay surgical facilities.

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