Add-on Acquisition • Healthcare Services

PharMerica Acquires BGS Pharmacy Partners

On December 31, 2013, PharMerica acquired healthcare services company BGS Pharmacy Partners from DW Healthcare Partners

Acquisition Context
  • This is PharMerica’s 4th transaction in the Healthcare Services sector.
  • This is PharMerica’s 7th transaction in the United States.
  • This is PharMerica’s 2nd transaction in Texas.

Explore All 4611 Add-on Acquisition Healthcare Services Deals - Search the Database Free


M&A Deal Summary

Date December 31, 2013
Target BGS Pharmacy Partners
Sector Healthcare Services
Buyer(s) PharMerica
Sellers(s) DW Healthcare Partners
Deal Type Add-on Acquisition

Target Company

BGS Pharmacy Partners

Grapevine, Texas, United States
BGS Pharmacy Partners is a national, specialty care pharmacy company, provides consulting, management and drug dispensing to the acute, sub-acute, correctional and alternate care markets.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

PharMerica

Louisville, Kentucky, United States

Category Company
Founded 2006
Sector Life Science
Employees4,600
Revenue 2.1B USD (2016)
DESCRIPTION

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 was founded in 2006 and is based in Louisville, Kentucky.


Deal Context for Buyer #
Overall 7 of 15
Sector: Healthcare Services 4 of 10
Type: Add-on Acquisition 7 of 14
State: Texas 2 of 3
Country: United States 7 of 15
Year: 2013 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 Onco360

Redwood City, California, United States

Onco360 is a biotechnology company provides cancer treatment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 Rx Advantage

Daphne, Alabama, United States

Rx Advantage, Inc. is a provider of state-of-the-art solution for pharmacy services in approaching the daily administration of medications.

Buy -

Seller Profile 1

SELLER

DW Healthcare Partners

Park City, Utah, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
PE ASSETS 2.5B USD
Size Large
Type Sector Focused
DESCRIPTION

DW Healthcare Partners is a healthcare-focused private equity firm that partners with owners of mid-to late-stage companies. DW looks to invest in private, North American companies, primarily in the medical device, product, services, and specialty distribution sectors of healthcare. DW will invest from $20 to $100 million of equity capital to help facilitate growth or to fund acquisitions. DW looks for high-growth businesses with at least $6 million in EBITDA and prefers to be the majority investor. DW Healthcare Partners was formed in 2002 and is based in Park City, Utah.


Deal Context for Seller #
Overall 9 of 21
Sector: Healthcare Services 5 of 7
Type: Add-on Acquisition 7 of 12
State: Texas 2 of 5
Country: United States 9 of 21
Year: 2013 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-05 US Community Behavioral

New York, New York, United States

US Community Behavioral LLC is a provider of community-based residential and behavioral services to adults and children. The company provides a full continuum of services including supported living, licensed group homes, employment services, as well as autism and other therapy-based behavioral services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-03 Carrus

Lehi, Utah, United States

Carrus is a provider of online competency-driven education courses to students throughout the United States and in several foreign countries. Carrus was established in 1992 and is based in Lehi, Utah.

Sell -