Ontario Teachers’ buys into Omega Healthcare
Ontario Teachers’ Pension Plan has announced its investment in the US based healthcare BPO -Omega Healthcare Management Services and joins with Goldman Sachs Alternatives as Co-Lead investor.
Omega is a leading technology-enabled healthcare management solutions provider. Terms of the transaction were not disclosed, said an Ontario Teachers’ press release.
ET first reported on 20th December that Ontario Teachers' is all set to acquire a majority stake in Omega. Ontario Teachers' is looking to invest about $700-800 million to buy out existing investor Everstone Capital, valuing Omega at $1.8 billion, ET reported.
Omega has two main shareholders--Goldman Sachs Asset Management, which holds about 60%, and Everstone Capital, an Asia-focussed private equity fund that has a 33% stake. The management team owns around 7% of the company.
A leading revenue cycle management (RCM) player, the company has 35,000 employees at 14 delivery centres in the US, India, Colombia and the Philippines.
Finance
A2Z Of Finance: Finance Beginner Course
By — elearnmarkets, Financial Education by StockEdge
Entrepreneurship
Building Your Winning Startup Team: Key Strategies for Success
By — Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience
Finance
AI and Generative AI for Finance
By — Hariom Tatsat, Vice President- Quantitative Analytics at Barclays
Marketing
Performance Marketing for eCommerce Brands
By — Zafer Mukeri, Founder- Inara Marketers
Artificial Intelligence(AI)
ChatGPT Mastery from Zero to Hero: The Complete AI
