Banking Recap

Premier, Inc. to Be Acquired

This deal is a cash acquisition structured as a take-private, in which Premier, Inc., a company in the business-services sector, is the target being acquired by Premium Parent LLC, an indirect subsidiary of funds managed and advised by an unnamed sponsor. The transaction is classified under the M&A product group, and the disclosed deal value is not stated in the source document.

Oct 22, 2025·SEC EDGAR (DEFM14A)·pending regulatory·cash acquisition / take-private

The facts block is sourced from a single SEC filing: a DEFM14A filed with SEC EDGAR and published on October 22, 2025. The deal's current status is pending regulatory approval.

On the financial advisory side, two firms advised the target, Premier: Goldman Sachs & Co. LLC and BofA Securities, Inc. both served as financial advisors, and both are designated as lead advisors. Goldman Sachs delivered an oral opinion, later confirmed in writing, to the Premier board on September 21, 2025, that the merger consideration was fair from a financial point of view to the relevant stockholders. BofA Securities, also described as the company's financial advisor, likewise delivered a written opinion dated September 21, 2025, addressing the fairness of the merger consideration from a financial point of view. No financial advisor is disclosed for Premium Parent LLC, the acquirer.

No legal advisors were identified in the facts block for either Premier or Premium Parent LLC.

Beyond the cash consideration implied by the "cash acquisition" subtype, the facts block does not disclose a per-share purchase price or other specific terms of the transaction.

Several facts are not disclosed in the source material. The overall deal value is not stated. No financial or legal advisor is named for the acquirer, Premium Parent LLC, and no legal advisor is named for Premier either. The facts block also does not specify a per-share price or an expected closing date.

Advisors

target

Goldman Sachsfinancial advisorview source →

“Goldman Sachs & Co. LLC (“Goldman Sachs”) delivered its oral opinion, subsequently confirmed in writing, to the Board that, as of September 21, 2025, and based upon and subject to the factors and assumptions set forth therein, the merger consideration to[...]was fair from a financial point of view to such holders.”

BofA Securitiesfinancial advisorview source →

“In connection with the merger, BofA Securities, Inc. (“BofA Securities”), the Company’s financial advisor, delivered to the Board a written opinion, dated September 21, 2025, as to the fairness, from a financial point of view and as of the date of the opinion, of the me[rger consideration]”

Treasury yields

3-Month4.25%

2-Year4.81%

10-Year5.13%

30-Year5.42%

Source: U.S. Treasury, daily par yield curve · as of 10/21/2026