M&A Deal Summary

Avita Care Solutions Acquires Lifecare Pharmacy s Laurel Heights Pavilion and Empire Locations

On February 21, 2023, Avita Care Solutions acquired retailer Lifecare Pharmacy s Laurel Heights Pavilion and Empire Locations from Lifecare Pharmacy

Acquisition Highlights
  • This is Avita Care Solutions’ 1st transaction in the Retail sector.
  • This is Avita Care Solutions’ 2nd transaction in the United States.
  • This is Avita Care Solutions’ 1st transaction in Texas.

M&A Deal Summary

Date 2023-02-21
Target Lifecare Pharmacy s Laurel Heights Pavilion and Empire Locations
Sector Retail
Buyer(s) Avita Care Solutions
Sellers(s) Lifecare Pharmacy
Deal Type Divestiture

Target

Lifecare Pharmacy s Laurel Heights Pavilion and Empire Locations

San Antonio, Texas, United States
Lifecare Pharmacy's Laurel Heights, Pavilion, and Empire Locations offer compassionate, comprehensive, and culturally competent LGBTQ+, HIV, PrEP, and sexual wellness care to its San Antonio patients and covered entity partners.

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Buyer(S) 1

Buyer

Avita Care Solutions

Plano, Texas, United States

Category Company
Founded 2003
Sector Healthcare Services
DESCRIPTION

Avita Care Solutions is a national health care services organization committed to providing comprehensive, compassionate, and inclusive health care solutions to underserved communities. Avita Care Solutions was founded in 2003 and is based in Plano, Texas.


DEAL STATS #
Overall 2 of 2
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 Q Care Plus

Sarasota, Florida, United States

Q Care Plus is a community-focused care management solution that offers stigma-free access to care via a telehealth option, with a focus on telePrEP services. Q Care Plus was founded in 2020 and is based in Sarasota, Florida.

Buy -

Seller(S) 1

SELLER

Lifecare Pharmacy

San Antonio, Texas, United States

Category Company
Sector Retail
DESCRIPTION

Lifecare Pharmacy is a local retail and compounding pharmacy .


DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-28 Reuss Pharmacies

Cuero, Texas, United States

Reuss Pharmacies Inc. (Reuss) is a community pharmacy and retailer of durable medical equipment. Reuss offers a variety of retail items spanning five categories comprised of Rx-prescriptions, over-the-counter & gifts, durable medical equipment, home health care products, and UPS shipping services.

Buy -