Announced
Synopsis
Better Choice Company, a pet health and wellness company, agreed to acquire SRx Health, a provider of innovative healthcare solutions, for $125m. "This is a transformational acquisition for Better Choice. Adesh and his team at SRx Health have done an exceptional job of building their specialty pharmacy network in Canada from the ground up with steady revenue and cash flow growth year-over-year. Upon closing, there are immediate operational and growth synergies, estimated to be in excess of $1.7m, that we plan to implement to accelerate growth of the combine company," Michael Young, Better Choice Chairman.
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