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New Deal


Announced

PharMedQuest to acquire Longs Pharmacy Solutions from Tailwind Capital.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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Private

Single Bidder

United States

Pharmaceuticals

Acquisition

pharmacy

Private Equity

Friendly

Majority

Pending

Synopsis

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Kinderhook Industries-backed PharMedQuest, a healthcare management company, agreed to acquire Longs Pharmacy Solutions, an independent specialty pharmacy, from Tailwind Capital, a middle-market private equity firm. Tailwind will retain an equity stake in the company alongside Kinderhook. Financial terms were not disclosed. “This is a very exciting opportunity, as joining these two mission-driven companies together will accelerate the significant growth that each company has experienced over the past several years. We will bring the best of both companies together and deliver the highest quality care and services for our patients and Covered Entity clients,” Lorrie Carr, PharMedQuest CEO.

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