IASIS Healthcare, which operates acute care hospitals and provides managed care services, withdrew its plans for an initial public offering on Friday. It originally filed in February 2015 with a proposed deal size of $300 million.
The Franklin, TN-based company was founded in 1998 and booked $2.7 billion in sales for the 12 months ended June 30, 2015. It had planned to list on the NYSE under the symbol IAS. BofA Merrill Lynch, Barclays, J.P. Morgan, Evercore ISI, Goldman Sachs and Citi were set to be the joint bookrunners on the deal.
