Patient Square Capital Completes $2.6 Billion Take-Private Acquisition of Premier, Inc.

In The News
November 25, 2025

Ropes & Gray advised Patient Square Capital as regulatory counsel in completing the acquisition of Premier, Inc. in a take-private deal valued at $2.6 billion. In connection with the transaction, Premier common stock ceased trading and will be delisted from Nasdaq as of November 25, 2025. Premier stockholders will receive $28.25 in cash per share.

Patient Square Capital is an investment firm that partners with growth oriented companies whose products, services and technologies improve health.

Premier Inc. is a leading technology-driven health care company that provides data, analytics, consulting and supply chain solutions for health care provides, suppliers, payers and policymakers.

The Ropes & Gray team included health care partners Christina Bergeron and Eve Brunts, life sciences regulatory & compliance partner Josh Oyster, health care associate Gideon Palte and life sciences regulatory & compliance associate Michael Purcell.