Surgical Care Affiliates, Inc., which operates more than 180 ASCs nationwide, is going public, looking to raise up to $100 million to buy back debt and to use for general accounting purposes, according to the Birmingham (Ala.) Business Journal.
SCA acquired Health Inventures, which operates ASCs, this year. SCA is also affiliated with more than 40 nonprofit health systems.
The company, which will move its headquarters from Birmingham, Ala., to Deerfield, Ill., intends to list its common stock on the Nasdaq, but its Security and Exchange Commissions filing did not specify a ticker symbol.