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New Deal


Announced

OMNIA Partners to acquire the GPO Operations of Premier for $800m.

Financials

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Transaction Value£632m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Majority

United States

hospital holding

Health Care Services

Acquisition

Pending

healthcare services

Private

Single Bidder

Domestic

Synopsis

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OMNIA Partners, a non-healthcare group purchasing organization, agreed to acquire the GPO Operations of Premier, a healthcare services provider, for $800m. “This transaction unlocks substantial value for Premier’s stockholders and is an important step in our ongoing review of strategic alternatives. We are excited to enhance our focus on our member services and core healthcare businesses as we continue executing our strategies to drive sustainable, long-term growth. At the same time, we are evaluating the highest return opportunities for deploying the proceeds from this transaction, including the potential to accelerate the return of capital to stockholders," Michael J. Alkire, Premier President and CEO.

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