Premier Inc. Could Be The Next Big Buyout—Here’s Why Patient Square Capital Is Eyeing It!

Premier Inc, a healthcare group purchasing and technology company, has recently become the subject of acquisition interest from private equity firm Patient Square Capital. Founded by former KKR executive Jim Momtazee, Patient Square is exploring a potential deal to take Premier private, according to reports. Discussions are still at an early stage with no certainty that a transaction will occur, but financing efforts are underway. The market has responded to the news with optimism, with Premier’s stock climbing 22% year-to-date, giving it a market cap of approximately $2.13 billion. The interest comes as Premier closes out fiscal year 2025 with stronger-than-expected performance, notably within its Supply Chain Services segment and newly invigorated advisory business. Despite macroeconomic pressures facing health systems, Premier’s core value proposition—delivering cost efficiency through group purchasing and operational transformation—has become more relevant than ever. Below are the four key reasons why Patient Square may see a compelling case for acquisition and long-term synergy with Premier.