PharMerica - M&A Summary, Ownership, and Business Overview

Life ScienceCompany

PharMerica M&A Summary

PharMerica has acquired 15 companies of its own, including 1 in the last 5 years. A total of 5 acquisitions came from private equity firms.

PharMerica’s largest acquisition to date was in 2018, when it acquired BrightSpring Health Services for $1.3B. PharMerica has acquired in 11 different US states. The Company’s most targeted sectors include healthcare services (67%) and life science (14%).

PharMerica Ownership

Who owns PharMerica?

PharMerica is owned by Athyrium Capital Management, KKR and Walgreens Boots Alliance. It was acquired on August 2, 2017.

Is PharMerica PE-backed?

Yes. PharMerica is owned by private equity investors Athyrium Capital Management, KKR and Walgreens Boots Alliance.

PharMerica Business Overview

Where is PharMerica headquartered?

PharMerica is headquartered in Louisville, Kentucky.

What is PharMerica’s revenue?

PharMerica disclosed revenue of 2,091M USD for 2016 and 2,028M USD for 2015.

How many employees does PharMerica have?

PharMerica has 4,600 employees.

What sector is PharMerica in?

PharMerica is a life science company.

When was PharMerica founded?

PharMerica was founded in 2006.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity15
  • Total Sectors Invested 5
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 5

PharMerica

PharMerica Corp.

805 N. Whittington Parkway,
Louisville, Kentucky 40222
United States,
(502) 627-7000
www.pharmerica.com

PharMerica is a provider of pharmacy services and serves the long-term care, hospital pharmacy management services, specialty home infusion, and oncology pharmacy markets. PharMerica operates 96 institutional pharmacies, 20 specialty home infusion pharmacies, and 5 specialty oncology pharmacies in 45 states. PharMerica's customers are institutional healthcare providers, such as skilled nursing facilities, assisted living facilities, hospitals, individuals receiving in-home care, and patients with cancer. PharMerica was founded in 2006 and is based in Louisville, Kentucky.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 14 1 - - - - 15
vol $1.3B $1.3B
Sell (0.0/yr) # - - - - - - 0
  15

Most Recent M&A

Company Date Value Type
OnePoint Patient Care (OPPC) 2020-10-01 - Add-on Acquisition
Tempe, Arizona · www.oppc.com
BrightSpring Health Services, Inc. 2018-12-11 1.3B USD Merger
Louisville, Kentucky · www.brightspringhealth.com
CareMed Specialty Pharmacy 2017-03-16 - Add-on Acquisition
Lake Success, New York · www.caremedsp.com
Integrated Pharmacy Network 2015-12-15 - Add-on Acquisition
Midland, Michigan · www.integratedpharmacy.net
Luker Pharmacy Management, Inc. 2015-11-05 - Add-on Acquisition
Blanco, Texas · www.lukerrx.com
McGuire Group Pharmacy 2015-10-20 - Add-on Acquisition
Cheektowaga, New York
Millennium Pharmacy Systems, Inc. 2014-09-26 - Add-on Acquisition
Oak Brook, Illinois · www.mpsrx.com
Rx Advantage, Inc. 2014-08-01 - Add-on Acquisition
Daphne, Alabama · www.rxadvantage-inc.com
BGS Pharmacy Partners, Inc. 2013-12-31 - Add-on Acquisition
Grapevine, Texas · www.bgspharmacy.com
Onco360 2013-12-09 - Add-on Acquisition
Redwood City, California · www.onco360.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 10 (67%) 1.3B (100%) - -
Life Science 2 (13%) - - -
Business Services 1 (7%) - - -
Food 1 (7%) - - -
Medical Products 1 (7%) - - -
Total 15 $1.3B - -

By Geo

State/Country Buy Value Sell Value
United States 15 1.3B - -
  Texas 3 - - -
  New York 2 - - -
  California 2 - - -
  Ohio 1 - - -
  Nevada 1 - - -
  Michigan 1 - - -
  Kentucky 1 1.3B - -
  Illinois 1 - - -
  Florida 1 - - -
  Arizona 1 - - -
  Alabama 1 - - -
Total 15 $1.3B - -

Deal Values

buy # Total
> $1B 1 $1.3B
TOTAL $1.3B
Largest BrightSpring Health Services, Inc.
$1.3B (2018-12-11)

M&A Connections

Deals
Acquired from
Investor(s)
33%
5 (33%)

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