Patient Square to acquire Premier in a $2.6bn deal.

Patient Square, a private equity firm, agreed to acquire Premier, a technology-driven health care improvement company, in a $2.6bn deal. “The Board unanimously approved this transaction, after careful consideration of a wide range of strategic alternatives in recent years and consultation with our financial and legal advisors. We believe this transaction is in the best interests of Premier and its stockholders and, upon closing, will deliver immediate and certain value to our stockholders, while simultaneously providing the Company with access to additional capital that can accelerate the support and services provided to members and other customers during this critical time in health care,” Richard Statuto, Premier Board Chair.