OMERS Private Equity recapitalizes Paradigm Corp. with US$240 million term loan

Company

OMERS Private Equity

Law Firm / Organization
Weil, Gotshal & Manges LLP

Company

Paradigm Corp.

Law Firm / Organization
Weil, Gotshal & Manges LLP

On April 8, 2025, OMERS Private Equity and its portfolio company, Paradigm Corp., have completed a USD 240 million (approximately CAD 326 million at the time of the transaction) new term Loan financing. The capital will be used to recapitalize Paradigm and support its working capital and other general corporate needs.

Paradigm Corp. delivers clinically-driven, comprehensive care management programs for individuals with catastrophic injuries throughout the United States. This financing reflects OMERS’ continued support for Paradigm’s strategic growth and long-term investment outlook, reinforcing its ability to scale and maintain service excellence.

The transaction enhances Paradigm’s capital structure and provides financial flexibility to pursue further development and investment in its healthcare programs. Legal counsel for the financing was provided by Weil, Gotshal & Manges LLP. The Weil team was led by Banking & Finance Co-Head Andrew Colao, with support from associates Kaitlin Bond and Dan Cruickshank. Private Equity partner Timothy Burns and counsel Larissa Lucas were also part of the advisory team.

Financing/Investment
Healthcare
$ 326,000,000
Closed
08 April 2025