A-Med Health Care has sold its Specialty Pharmacy Division to Altamont Capital Partners (ACP) for an undisclosed consideration.
Specialty Pharmacy Division is A-Med's specialty pharmacy division providing healthcare distribution services for patients with chronic diseases through home delivery.
Altamont Capital Partners is a private equity firm based in the San Francisco Bay area with over US$1 billion in capital, focused on investing in change-intensive middle market businesses. They are particularly drawn to companies which are constrained for some reason from realizing their full potential, and they seek opportunities to work in partnership with management to implement strategic and operational change. ACP is a generalist firm with deep experience in several verticals including business services, financial services, industrials, healthcare, technology, consumer, retail and aerospace & defense sectors.
A-Med Health Care provides healthcare distribution services for patients with chronic diseases through home delivery. A-Med's mission is to provide excellent care and achieve positive outcomes for its clients through comprehensive, cost effective, and quality services. Enhancing the health and well being of its clients promotes wellness. Utilization of available resources, consumer surveys, staff involvement, state and federal regulations, recognition of community and industry needs, technology, education, self evaluation, leadership, and financial stability will promote this mission.
Oaklins' team in Los Angeles advised the seller. This transaction was for the specialty pharmacy component of the business only. This transaction was for the specialty pharmacy component of the business only.
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