Patient Square Capital will acquire Paradigm from OMERS Private Equity, according to a news release.
Paradigm, founded in 1991 and based in Walnut Creek, California, is a specialty care management organization focused people with complex injuries and diagnoses.
Patient Square, founded in 2020 and based in Menlo Park, California, is a dedicated healthcare investment firm. It seeks investments across several healthcare industry subsectors, including products, services and technologies designed to improve health.
OMERS Private Equity is the private equity investment arm of OMERS, the defined benefit pension plan for more than 600,000 municipal employees in the Province of Ontario, Canada.
Terms of the transaction, which is expected to close in the first half of 2026, were not disclosed.