PGP Advises UnaSource Surgery Center in Alliance Partnership Deal

Physician Growth Partners (PGP), a Boston-based healthcare investment bank focused exclusively on physician-owned practices, advised UnaSource Surgery Center on a new strategic partnership with Constitution Surgery Alliance, the firms announced in November 2026.

PGP conducted a disciplined review process that gave UnaSource's shareholders a comprehensive look at their available strategic options before settling on Constitution Surgery Alliance as the preferred partner. The selection was driven in part by the alliance's alignment with UnaSource's existing surgeon-led operational structure, a model many independent surgical centers regard as central to maintaining clinical and financial autonomy.

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The transaction reflects a continuing trend of independent ambulatory surgery centers exploring partnership arrangements that provide capital and operational scale without fully ceding physician governance. For surgeon-owned facilities, finding a partner that preserves their leadership model is frequently cited as a primary deal condition.

PGP has positioned itself as a specialist adviser in this niche, working exclusively with physician enterprises rather than hospital systems or large corporate acquirers. That focus, the firm argues, allows it to run processes specifically designed to surface partners that meet physician-ownership priorities rather than purely financial benchmarks.

Terms of the partnership were not disclosed. Continue reading at All Financial Services & Investing.