The Definitive Blog

Capella Healthcare Announces Agreement with Medical Properties Trust, Inc.

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Capella Healthcare, Inc. (“Capella”), a privately-owned premier provider of health care services and one of the largest for-profit hospital companies in the U.S., recently announced that its parent company and sole stockholder, Capella Holdings, Inc., has signed a definitive agreement with Medical Properties Trust, Inc. (“MPT”) (NYSE:MPW) for the acquisition of Capella for $900 million in cash. The transaction is expected to be finalized during the second half of 2015, following customary regulatory approvals. Capella is presently owned by funds affiliated with GTCR, a leading private equity firm.

The management company will retain control of the day-to-day operations of Capella’s hospitals with Wiechart continuing as President and CEO and no other changes anticipated in hospital management.

Capella is a privately-held company which, upon its founding in 2005, partnered with GTCR. GTCR’s equity investments and commitment to Capella have allowed the company to grow steadily over the last ten years.

August 3, 2015