OMERS Private Equity announces the sale of Paradigm

Transaction delivers significant value for OMERS members and positions Paradigm to sustain investment in innovation and extended capabilities

New York, NY – OMERS Private Equity (OPE) announced today that it has entered into a definitive agreement to sell Paradigm, a leading specialty care management organization, to a leading health care investment firm.

Since its investment in Paradigm in October 2018, OMERS and the Paradigm leadership team have worked closely together to transform the company into a robust, data-driven specialty care management platform delivering value-based solutions for individuals with complex injuries and diagnoses, serving workers’ compensation and group health payors. During OMERS ownership, Paradigm broadened its offering across workers’ compensation into adjacent healthcare end markets, expanded its capabilities in complex case management, home-based care, payment integrity and specialty networks, and invested in technology, analytics and clinical talent to support sustainable growth.

“OMERS has been an outstanding partner to Paradigm, backing our strategy, investing in our people and capabilities, and sharing our long term commitment to improving outcomes for some of the most complex patient populations,” said John Watts, Chief Executive Officer of Paradigm. “We are well positioned as we move into our next chapter, extending our proven, value based model and continuing to deliver meaningful results for patients, payors and providers.”

“The sale of Paradigm represents a great outcome for OMERS and our members and marks an important milestone for a business we have been proud to back for many years,” said Geoffrey Bird, Co-Head of Private Equity at OMERS Private Equity. “Paradigm has established itself as a differentiated leader in complex care management and cost containment and we look forward to watching their continued success as they move towards a new phase of growth."

The sale represents the successful realization of OPE’s long-standing partnership with Paradigm marked by a period of strong operational and financial performance, and is consistent with OPE’s thesis driven, partnership first strategy of backing market leading, mission critical businesses on behalf of OMERS more than 640,000 members. The transaction is expected to close in the first half of 2026, subject to customary closing conditions and regulatory approvals.

Media contact:
Amanda Ashford
Investment Communications, OMERS
aashford@omers.com