Loblaw Companies to acquire Lifemark Health Group from Audax for $845m.

Loblaw Companies, a Canadian retailer encompassing corporate and franchise supermarkets, agreed to acquire Lifemark Health Group, a provider of outpatient physiotherapy, massage therapy, occupational therapy, chiropractic, mental health, and other ancillary rehabilitation services, from Audax, a private equity firm, for $845m. "We are excited for this new chapter in Lifemark's success story. Shoppers Drug Mart is a well-trusted, iconic Canadian brand, with an extensive local and virtual presence. By joining Shoppers, Lifemark will continue to grow as a national health and wellness network, reaching more Canadians who need access to care and advancing our shared vision to enrich the health of Canadians," Peter Stymiest, Lifemark Health Group CEO.