06:23 AM EDT, 05/14/2025 (MT Newswires) -- TELUS Corporation ( TU ) announced Wednesday a strategic partnership with GTCR, a private equity investor, supporting TELUS Health's recently announced acquisition of Workplace Options.

Last week, TELUS Health announced the acquisition of Workplace Options, a global provider of integrated employee wellbeing solutions across 200 countries and territories, for cash of approximately $500 million (US$350 million), net of assumed debt of approximately $100 million (US$70 million).

Wednesday's statement said GTCR will invest US$200 million as part of the acquisition.