Summit Spine & Joint Centers has successfully recapitalized with Wellspring Capital Management to enhance growth and expansion in the minimally invasive spinal services market.

Target Information

Summit Spine & Joint Centers (“Summit”) is a prominent platform specializing in minimally invasive spinal services. The company distinguishes itself through a unique structure that integrates hospital affiliations with ownership opportunities for physicians in Ambulatory Surgery Centers (ASCs). This innovative approach has been pivotal in driving Summit's impressive growth trajectory over the past decade.

Summit has recently completed a recapitalization with Wellspring Capital Management (“Wellspring”) on March 25, 2025. This transaction represents the third successful private equity recapitalization for the Summit team in the last seven years, demonstrating their resilience and consistent performance in a competitive market.

Industry Overview

The minimally invasive spine surgery industry is experiencing significant advancements, particularly in the United States, where there is a rising demand for innovative healthcare solutions. This segment has seen a shift towards outpatien