Simpson Thacher is representing the special committee of the board of directors of United Surgical Partners International Inc., a Dallas-based company that has equity ownership in and manages approximately 140 surgery centers throughout the United States and United Kingdom, in connection with its acquisition by the New York private equity firm, Welsh, Carson, Anderson & Stowe. The transaction, which is valued at approximately $1.8 billion, including the assumption of certain debt obligations of USPI, is expected to be completed in the second quarter of 2007.
The Simpson Thacher team working on the transaction includes Gary Horowitz, Edward Chung, Brian Gingold, Anthony King, Felton Booker and Yi Gao (M&A), Alvin Brown and Aimee Adler (Executive Compensation), Steven Todrys and Noah Beck (Tax), Robyn Rahbar (IP) and Mike Isby (Environmental).