Summit Exits Surgical Affiliates Management Group

Surgical Affiliates Management Group (SAMGI) – one of the leading surgical hospitalist companies in the United States – provides a strong example of Summit’s experience in supporting the growth of specialist healthcare companies that are helping to deliver better outcomes while reducing costs. Summit invested in SAMGI in 2012 as the company’s first intuitional investor, and over the course of our partnership, the company more than tripled revenues and expanded services nationwide. The Summit team worked closely with management to expand SAMGI’s leadership team and to recruit several experienced healthcare leaders to the SAMGI Board of Directors.

SAMGI has now achieved a new milestone: attracting an investment from Varsity Healthcare Partners for the company’s next phase of growth. It has been an honor to partner with founder Dr. Leon Owens, CEO Dr. Lynnette Scherer and the entire SAMGI team to help execute their vision to create a company that is seeking to transform the delivery of emergency surgical care nationwide.

In the United States of America, Summit Partners operates as an SEC-registered investment advisor. In the United Kingdom, this document is issued by Summit Partners LLP, a firm authorized and regulated by the Financial Conduct Authority. Summit Partners LLP is a limited liability partnership registered in England and Wales with registered number OC388179 and its registered office is at 11-12 Hanover Square, London, W1S 1JJ, UK. This document is intended solely to provide information regarding Summit Partners’ potential financing capabilities for prospective portfolio companies.