M&A Deal Summary

The Association of Affiliated Pharmacies and Apothecaries Acquires PharmaSynergy

On September 1, 2020, The Association of Affiliated Pharmacies and Apothecaries acquired business services company PharmaSynergy

Acquisition Highlights
  • This is The Association of Affiliated Pharmacies and Apothecaries’ 1st transaction in the Business Services sector.
  • This is The Association of Affiliated Pharmacies and Apothecaries’ 1st transaction in the United States.
  • This is The Association of Affiliated Pharmacies and Apothecaries’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2020-09-01
Target PharmaSynergy
Sector Business Services
Buyer(s) The Association of Affiliated Pharmacies and Apothecaries
Deal Type Add-on Acquisition

Target

PharmaSynergy

Philadelphia, Pennsylvania, United States
PharmaSynergy LLC is a pharmacy purchasing alliance that serves independent pharmacy members throughout the Mid-Atlantic, Northeastern, and Southeastern United States. PharmaSynergy was founded in 2015 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

The Association of Affiliated Pharmacies and Apothecaries

Dearborn, Michigan, United States

Category Company
Sector Business Services
DESCRIPTION

The Association of Affiliated Pharmacies and Apothecaries (AAPA) helps independent pharmacy owners in generic drug discount offerings; business insights into more profitable opportunities outside the normal pharmacy niche; and advocacy services that safeguard the pharmacy's role and success throughout the care continuum. The Association of Affiliated Pharmacies and Apothecaries was founded in 1996 and is based in Dearborn, Michigan.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1