Investment Committee – June 13, 2018
Acquisition of Premise Health Holding Corp.
OMERS Private Equity sought the approval of the Investment Committee to acquire Premise Health Holding Corp. (Premise). Premise is a leading direct healthcare company in the United States based in Brentwood, Tennessee. Premise contracts directly with large corporate clients to provide healthcare to their employees and dependent members through onsite, near site and virtual health access offering a comprehensive range of healthcare services including primary care, pharmacy, occupational health, physical therapy, fitness and other related services. Premise serves over 275 clients via more than 600 health and wellness centers.
Following a question and discussion period, the Investment Committee approved the acquisition.
In a press release issued July 11, 2018, OMERS and OMERS Private Markets announced that OMERS Private Equity agreed to acquire Premise Health from Water Street Healthcare Partners and Walgreens Boots Alliance.