M&A Deal Summary

PharMerica Acquires Rx Advantage

On August 1, 2014, PharMerica acquired business services company Rx Advantage

Acquisition Highlights
  • This is PharMerica’s 1st transaction in the Business Services sector.
  • This is PharMerica’s 8th transaction in the United States.
  • This is PharMerica’s 1st transaction in Alabama.

M&A Deal Summary
Date 2014-08-01
Target Rx Advantage
Sector Business Services
Buyer(s) PharMerica
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 8 of 15
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 8 of 14
State (Alabama) 1 of 1
Country (United States) 8 of 15
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-31 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-26 Millennium

Oak Brook, Illinois, United States

Millennium is a pharmacy services provider to the long-term care industry that operates seven institutional pharmacies primarily in the Mid-Atlantic region

Buy -
Mergr

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