Patient Square Capital is a healthcare-focused investment firm with more than US$14 billion in assets under management, investing in growth-oriented companies whose products and technologies improve health.
An affiliate of Patient Square agreed to acquire Premier in a take-private transaction for US$28.25 per share in cash, valuing Premier at US$2.6 billion and representing a premium of nearly 24% to Premier's 60-day volume-weighted average share price as of Sept. 5.
The transaction was announced on September 22, 2025 and is expected to close in the first quarter of calendar 2026, subject to Premier stockholder approval, regulatory approvals and other customary conditions; after closing, Premier will delist from Nasdaq.