Premier-Pharmacy

Premier Pharmacy

Business Description

Premier Pharmacy Inc. provided pharmacy management services to long-term care facilities and hospitals in the southeastern U.S.

Background

The founding management team of Premier Pharmacy identified the acquisition of an existing institutional pharmacy management services company as a platform for its business plan.

Solution

Premier Pharmacy raised $3.5 million of Series A preferred stock to fund the acquisition and working capital. A principal of Carter Morse & Mathias served as financial advisor to the management group and provided ongoing strategic advisory services to the company.