ASC Developer Regent Surgical Health Receives Strategic Investment
Regent Surgical Health, a developer, owner and manager of ambulatory surgery centers (ASCs) headquartered in Westchester, IL, has received a strategic investment from TowerBrook Capital Partners L.P. and Ascension Capital, an investment affiliate of Ascension. Terms weren’t disclosed.
In conjunction with the transaction, Ascension, the nation’s largest nonprofit and Catholic health system, has selected Regent as its exclusive national partner for ambulatory surgery center development. Through this partnership, Regent and Ascension will develop or acquire and operate ASCs across the communities Ascension serves.
Regent will use the capital investment from TowerBrook and Ascension Capital to further grow its management team and enhance its operational and technology capabilities to support both existing and new health system and physician partners.
Additionally, TowerBrook and Ascension Capital committed significant incremental growth capital to support Regent’s role in assisting its health system partners in modernizing their surgical systems through both ASC acquisition and new developments.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).