Kirkland Advises Patient Square on $2.6 Billion Acquisition of Premier

Kirkland & Ellis is advising health care investment firm Patient Square Capital on a definitive agreement to acquire Premier, Inc. (NASDAQ: PINC), a leading technology-driven health care improvement company. Under the terms of the agreement, which has been unanimously approved by Premier's Board of Directors, Premier stockholders will receive $28.25 in cash per share, valuing Premier at $2.6 billion. The transaction was announced September 22, 2025 and is expected to close in the first quarter of calendar year 2026, subject to approval by Premier stockholders and satisfaction of regulatory approvals and other customary closing conditions.

Read the transaction press release

The Kirkland team included corporate lawyers Maggie Flores, Daniel Wolf, Zach Miller, Ned Schultheis and Michael Weisser; debt finance lawyers Jason Kanner, Andrea Weintraub, Andrew Hurley and Julia Class; capital markets lawyers Sophia Hudson, Julia Danforth and Katherine Shaia; tax lawyer Mark Schwed; and executive compensation lawyers Rohit Nafday and Anthony Ji.