Pharmacy Services

Q3-2017 Pharmacy Services Update– Strategic buyers continued to consolidate the pharmacy services market, sustaining the rate they set in the first two quarters of 2017. Private equity investors were also active this quarter as they look to build pharmacy services platforms.

Q2-2017 Pharmacy Services Update– Strategic buyers picked up where they left off in the first quarter as they continue to utilize mergers and acquisitions to gain access to new markets and offer more comprehensive services.

Q1-2017 Pharmacy Services Update– Merger & acquisition activity within pharmacy services experienced an uptick in the first quarter of 2017, seemingly an indication of further consolidation throughout the rest of the year.

Q4-2016 Pharmacy Services Update– The large and diversified buyer community within pharmacy services drove increased sector consolidation in the fourth quarter of 2016, as organizations continued to utilize mergers and acquisitions to capture market share and diversify service offerings.

Transaction Advisory – Acro Healthcare, LLC, DBA Acro Pharmaceutical Services (Acro), has been acquired by Lincare Holdings, LLC. Acro is a premier Pharmacy Care Management company with a specific focus on the distribution and clinical aspects of high cost pharmaceutical products.

Transaction Advisory – Water Street Healthcare Partners, a strategic private equity firm focused exclusively on healthcare, has made a majority investment in New Century Health. Founded in 2002, NCH is a specialty benefit management company that is focused primarily on oncology and cardiology.

Transaction Advisory – Omnicare, Inc. (NYSE:OCR), one of the nation’s leading providers of pharmaceutical care for the elderly, today announced the acquisition of specialty pharmaceutical services provider, Advanced Care Scripts, Inc.

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

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