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Announced

Completed

Connection Capital completed a $19m investment in Mr Pickford’s Pharmacies.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

pharmaceuticals

Single Bidder

Mbo

Pharmaceuticals

United Kingdom

Minority

Domestic

Acquisition

Private Equity

Friendly

Synopsis

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Connection Capital, a private equity firm, completed a $19m investment in Mr Pickford’s Pharmacies, a provider of pharmacy services aimed at improving the health and wellbeing of the local community. “Community pharmacies are an increasingly important part of primary care, delivering services for the NHS cost-effectively, as evidenced throughout the Covid-19 pandemic and the flu vaccine programme," Miles Otway, Connection Capital Partner.

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