OMERS Private Equity to acquire Paradigm Outcomes

OMERS Private Equity (OPE) has agreed to acquire Paradigm Outcomes, a Walnut Creek, California-based provider of catastrophic and complex case management. Terms weren't disclosed. The seller is U.S. private equity firm Summit Partners, which acquired Paradigm in 2015 from Lightyear Capital. Summit will continue to invest in the company. Established in 1991, Paradigm provides management services to the U.S. workers’ compensation industry, helping to improve health outcomes and lower overall costs. OPE is the private equity arm of the Ontario Municipal Employees Retirement System (OMERS).

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