Premier GPO for sale?
- Deal Reporter magazine is reporting that Premier is working with Centerview Partners and BofA Securities to explore a sale
- Supposedly Premier, one of the largest healthcare group purchasing organizations, headquartered in Charlotte, North Carolina, has signed up buyers to participate in the process
- The process is at an early stage with initial bids likely to be collected before the end of 2019.
- Financial sponsors are likely suitors for the $4.5 billion market cap company, though Premier may also look to see if strategics are interesting.