NEW YORK and TORONTO, January 8, 2025 – Omega Healthcare (“Omega”), a leading provider of revenue cycle management and clinical services to US healthcare organizations, announced today that Private Equity at Goldman Sachs Alternatives (“Goldman Sachs”) and Everstone Capital (“Everstone”) have signed an agreement to sell a co-control stake in Omega to Ontario Teachers’ Pension Plan (“Ontario Teachers’”).
Omega Healthcare will continue to benefit from the ongoing partnership with Goldman Sachs and Everstone, who will retain a significant stake in the company.
Since 2019, Omega has grown rapidly with key value creation initiatives launched under Goldman Sachs and Everstone’s ownership, enhancing Omega’s market position and financial profile. These initiatives include significant technology investment that has yielded benefits for customers through proprietary tools, automation, and in-house expertise. Omega has scaled global delivery capabilities and transformed the organization into a full-suite revenue cycle management provider. During this period, Omega also completed four acquisitions to enter new market segments such as clinical and data services and to add new delivery capabilities in the US and Colombia.
Anurag Mehta, Co-Founder and CEO of Omega, commented: “The last five years have been an incredible journey in partnership with Goldman Sachs and Everstone. The collaborative partnership with the investors has been instrumental in our efforts to accelerate Omega’s growth. We are thrilled to welcome Ontario Teachers’ into the Omega family and value the renewed commitment from Goldman Sachs and Everstone. This partnership reaffirms our commitment to leverage our domain expertise and our unique solutions to empower our clients.”
Learn more about this development by reading the full press release from Everstone here. https://everstonecapital.com/private-equity-at-goldman-sachs-alternatives-and-everstone-capital-sell-co-control-stake-in-omega-healthcare/
Learn more about the recent announcement from Ontario Teachers’ here. https://www.otpp.com/en-ca/about-us/news-and-insights/2024/ontario-teachers-makes-investment-in-omega-healthcare-and-joins-private-equity-at-goldman-sachs-alternatives-as-co-lead-investor/
