Tracked deals
12
12 tracked deals across 2021-2026.
Private Equity Firm
Healthcare
Patient Square Capital
Menlo Park, California, United States
Dedicated healthcare investment firm that partners with management teams to grow healthcare businesses; invests in products, services, and technologies that improve health and patient lives.
- Focus Areas
- Healthcare investment, Healthcare services, Healthcare technology
- Website
- patientsquarecapital.com
Recent pace
3
3 tracked deals announced in the last 12 months.
Deal mix
Buyout
9 buyout · 2 growth capital · 1 recapitalization
Patient Square Capital Acquisition Volume by Year
Last 6 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
February 12, 2026
- Buyer
- Patient Square Capital
- Target
- Paradigm
- Seller
- OMERS Private Equity
- Industry
- Healthcare Services
- Location
- California, United States
- Type
- Buyout
Paradigm, a specialty care management organization focused on complex injuries and diagnoses, has entered into a definitive agreement to be acquired by Patient Square Capital. The transaction is expected to close in the first half of 2026, marking the conclusion of Paradigm’s partnership with OMERS Private Equity.
-
November 25, 2025
- Buyer
- Patient Square Capital
- Target
- Premier, Inc.
- Industry
- Healthcare Services
- Location
- North Carolina, United States
- Type
- Buyout
Patient Square Capital (via an affiliate) has completed its previously announced $2.6 billion acquisition of Premier, Inc., valuing Premier at $2.6 billion. Premier common stock stopped trading and will be delisted from Nasdaq as of November 25, 2025, with stockholders receiving $28.25 in cash per share.
-
November 25, 2025
- Buyer
- Patient Square Capital
- Target
- Premier, Inc.
- Industry
- Healthcare Services
- Location
- North Carolina, United States
- Type
- Buyout
Premier, Inc. stockholders overwhelmingly approved Patient Square Capital’s acquisition of the company at a special meeting. The deal provides Premier shareholders $28.25 in cash per share and is expected to close on or about November 25, 2025, subject to customary closing conditions.
-
April 17, 2025
- Buyer
- Patient Square Capital, Patient Square Equity Partners, LP
- Target
- Patterson Companies, Patterson Companies Inc.
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Type
- Buyout
Patterson Companies entered into a definitive agreement to be acquired by Patient Square Capital in a $4.1 billion transaction (about $31.35 per share in cash). The acquisition completed on April 17, 2025, and Patterson’s common stock is no longer traded on the Nasdaq Global Select Market.
-
- Buyer
- Patient Square Capital
- Target
- Eargo, hearX (Lexie Hearing)
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Growth capital
Eargo and hearX (maker of Lexie Hearing) have completed a merger to form LXE Hearing, combining their consumer hearing-aid brands and technology platforms. The transaction is backed by an additional $100 million investment from Patient Square Capital to support growth, product integration and expanded access in the OTC hearing-aid market.
-
October 24, 2024
- Buyer
- Patient Square Capital, The Carlyle Group
- Target
- CorroHealth
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Growth capital
CorroHealth, a Plano-based provider of clinically led revenue cycle management (RCM) and healthcare analytics, has signed definitive agreements for a strategic investment from Patient Square Capital. Current shareholders including Carlyle will remain investors, and Patient Square and Carlyle will share joint control as CorroHealth pursues further organic and inorganic growth.
-
- Buyer
- Elliott Investment Management L.P., Patient Square Capital, Veritas Capital
- Target
- Syneos Health, Inc.
- Seller
- Syneos Health stockholders
- Industry
- Healthcare Services
- Location
- North Carolina, United States
- Type
- Buyout
A consortium of private investment firms—Elliott Investment Management, Patient Square Capital and Veritas Capital—has completed the acquisition of Syneos Health for $43.00 per share, a transaction valued at approximately $7.1 billion including debt. Syneos Health will become a privately held company, with the new owners planning to accelerate its transformation, invest in technology and strengthen its integrated biopharmaceutical services.
-
November 29, 2022
- Buyer
- Patient Square Capital
- Target
- Eargo, Inc.
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Recapitalization
Patient Square Capital became the majority equity owner of Eargo, Inc. after converting its senior secured convertible notes and participating in Eargo’s rights offering. The transaction leaves Eargo debt-free, gives Patient Square approximately 76.3% of outstanding common stock, and raises roughly $32.3 million of net proceeds to support working capital and the company’s omni-channel growth strategy.
-
October 3, 2022
- Buyer
- Patient Square Capital
- Target
- Hanger, Inc.
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Buyout
Hanger, Inc. announced it has completed its previously announced acquisition by Patient Square Capital in an all-cash deal. Hanger stockholders received $18.75 per share and Hanger became a private company, with its NYSE listing removed.
-
- Buyer
- Gurnet Point Capital, Patient Square Capital, OrbiMed Advisors, LLC
- Target
- Radius Health, Inc.
- Seller
- Radius Health shareholders
- Industry
- Healthcare Services
- Location
- Massachusetts, United States
- Type
- Buyout
Gurnet Point Capital and Patient Square Capital entered into a definitive agreement to acquire Radius Health in a transaction valued at approximately $890 million, including the assumption of debt. The offer is $10.00 per share in cash plus a $1.00 per share contingent value right (CVR) tied to TYMLOS (abaloparatide) net sales reaching $300 million during a 12-month period prior to December 31, 2025.
-
February 3, 2022
- Buyer
- Patient Square Capital
- Target
- SOC Telemed, Inc.
- Seller
- SOC Telemed stockholders
- Industry
- Healthcare Services
- Location
- Virginia, United States
- Type
- Buyout
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.
-
September 9, 2021
- Buyer
- Patient Square Capital
- Target
- Summit BHC
- Seller
- FFL Partners, Lee Equity Partners
- Industry
- Healthcare Services
- Location
- Tennessee, United States
- Type
- Buyout
Patient Square Capital has acquired Summit BHC, a Franklin, Tennessee–headquartered provider of behavioral health and addiction treatment services that operates 24 facilities across 16 states. Summit was sold by private equity owners FFL Partners and Lee Equity Partners; financial terms were not disclosed and the deal was announced in September 2021 and closed in November 2021.
Related Acquisition Pages
Healthcare Services Buyers & Acquisitions
10 tracked deals by Patient Square Capital.
Medical Devices Buyers & Acquisitions
2 tracked deals by Patient Square Capital.
Acquisitions in California
3 tracked deals by Patient Square Capital.
Acquisitions in North Carolina
3 tracked deals by Patient Square Capital.
Acquisitions in Texas
2 tracked deals by Patient Square Capital.
Acquisitions in Massachusetts
1 tracked deal by Patient Square Capital.
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