“Mike and David were an integral component of this transaction and their perseverance helped position the deal to close.”
LOS ANGELES–(BUSINESS WIRE)–American Healthcare Capital (www.americanhealthcarecapital.com), a national healthcare M&A advisory firm, announced today the sale of Care First Pharmacy Services, a Long-Term Care Pharmacy located in Berwick, Pennsylvania. Founded in 2006, Care First Pharmacy Services is a leading provider of Medications and Pharmaceutical services to patients located in Nursing Homes, Assisted Living Facilities, and Group Homes with nearly $15 Million in annualized revenue. The company was acquired by HealthDirect Pharmacy Services (www.hdrxservices.com), a portfolio company of KPH Healthcare (www.kphhealthcareservices.com). With over $1 billion in revenue, KPH Healthcare is a leading national provider of Pharmaceutical and Healthcare services with complementary businesses in both the Retail and Commercial segments of the industry.
“It was a pleasure assisting our clients at Care First Pharmacy to facilitate a successful transaction for two premier organizations,” said Mike Moran, Executive Vice President, and David Feuer, Vice President at American Healthcare Capital.