Sverica-backed Clarest Health to acquire CSS Health from HealthEdge Investment Partners and 424 Capital.

Sverica-backed Clarest Health, a provider of long-term care pharmacy services, agreed to acquire CSS Health, a provider of comprehensive medication management services, from HealthEdge Investment Partners, an operationally-oriented private equity fund, and 424 Capital, a growth capital partner. Financial terms were not disclosed. “As a platform uniquely positioned to address the entirety of the medication management process, we prioritized finding a partner who could effectively convey the complexities of our business while navigating the broader healthcare ecosystem. Bailey’s commitment to tailoring the process around the strengths of our platform, combined with their unparalleled market knowledge, made them an invaluable partner through every stage of the transaction. The Bailey team’s professionalism and excellent advice were instrumental in achieving a successful outcome for our company and stakeholders," Jim Clair, CSS Health CEO.