M&A Deal Summary

Fred s Acquires Reeves-Sain Drug Store

On March 25, 2015, Fred s acquired retailer Reeves-Sain Drug Store for 66M USD

Acquisition Highlights
  • This is Fred s’ 1st transaction in the Retail sector.
  • This is Fred s’ largest (disclosed) transaction.
  • This is Fred s’ 1st transaction in the United States.
  • This is Fred s’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2015-03-25
Target Reeves-Sain Drug Store
Sector Retail
Buyer(s) Fred s
Deal Type Add-on Acquisition
Deal Value 66M USD
Advisor(s) Adams & Reese (Legal)

Target

Reeves-Sain Drug Store

Nashville, Tennessee, United States
Reeves-Sain Drug Store, Inc. is a specialty and retail pharmacy company.

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Buyer(S) 1

Buyer

Fred s

Memphis, Tennessee, United States
Category Company
Sector Retail
Employees2,642
Revenue 1.3B USD (2019)
DESCRIPTION

Fred's, Inc. is an operator of 701 discount general merchandise stores, including 21 franchised Fred's stores, in the southeastern United States.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-14 Fred s - 10 Pharmacy Locations

Tennessee, United States

Fred's, Inc. - 10 Pharmacy Locations operates retail stores in Louisiana, Mississippi, Tennessee, Kentucky, and Alabama.

Sell -
Mergr

Product

Company

Legal