Sverica Capital Management Invests in Procare LTC
February 3, 2019
Sverica Capital Management made a strategic investment in Procare LTC on February 1, 2019 to support the long-term care pharmacy’s expansion into new markets. Procare LTC, founded in 2007 and based in Farmingdale, New York, operates closed-door pharmacies serving skilled nursing, assisted living and other long-term care facilities and employs more than 400 staff across its markets.
- Buyers
- Sverica Capital Management LP
- Targets
- Procare LTC
- Industry
- Healthcare Services
- Location
- New York, United States
- Transaction Type
- Growth capital
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