Patient Square Capital Acquires Premier, Inc.

Patient Square Capital Acquires Premier, Inc.

November 25, 2025

Healthcare Services

Patient Square Capital, a healthcare-focused investment firm, has completed its $2.6 billion acquisition of Premier, Inc. Under the deal, Premier will be taken private, delisted from Nasdaq, and Premier stockholders will receive $28.25 per share in cash. The transaction positions Patient Square to grow Premier's technology-driven data, analytics, supply chain and consulting offerings.

Patient Square Capital Acquires Patterson Companies

April 17, 2025

Healthcare Services

Patient Square Capital, a healthcare-focused private equity firm, has completed the acquisition of Patterson Companies for $31.35 per share (transaction value approximately $4.1 billion). The deal closed April 17, 2025, taking Patterson private; Robert Rajalingam was named CEO and Patterson will continue to be headquartered in St. Paul, Minnesota.

Patient Square Capital Acquires SOC Telemed, Inc.

February 3, 2022

Healthcare Services

Patient Square Capital agreed to acquire SOC Telemed, Inc., the largest U.S. provider of acute care telemedicine, in an all-cash transaction valuing SOC Telemed at $3.00 per share. The deal takes SOC Telemed private and will provide capital and industry expertise to expand the company’s clinical capabilities, innovate its Telemed IQ platform and grow its footprint across hospitals, post-acute and value-based care organizations.

Cabot Square Capital Acquires Majority Stake in Premier Modular

August 2, 2021

Construction

London-based private equity firm Cabot Square Capital has acquired a majority shareholding in Premier Modular, an East Yorkshire offsite construction and modular buildings specialist. The investment will support growth of Premier's modular hire business and permanent offsite division, backing plans for sector and geographic expansion.

Align Capital Partners Recapitalizes Premier Biotech

December 7, 2022

Medical Devices

Align Capital Partners has completed a recapitalization of Premier Biotech, a Minneapolis-based provider of point-of-care drugs of abuse testing devices and accredited laboratory services. Cascadia Capital served as exclusive financial advisor; Align will partner with management to scale the business, accelerate product development and expand the company's reach across workplace, government and clinical end markets.

Renovus Capital Partners Acquires Majority Stake in Premier International

October 11, 2022

Data & Analytics

Renovus Capital Partners has acquired a majority stake in Premier International Enterprises, LLC, a Chicago-based technology consulting firm specializing in data migration and data governance. Renovus will support Premier’s product development, scale delivery capabilities, and pursue strategic add-on acquisitions to expand the company’s services and market reach.