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.
- Targets
- Procare LTC
- Industry
- Healthcare Services
- Location
- New York, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Sverica Capital Management Makes Strategic Growth Investment in First Stop Health
June 22, 2023
Healthcare Services
Sverica Capital Management announced a strategic growth investment in First Stop Health, a Chicago-based virtual care provider that offers urgent care, primary care and mental health services to employers on a PEPM model. First Stop Health CEO Teira Gunlock will remain in place, and Sverica partners Gregg Osenkowski and Doug Patrican will join the company's board to support accelerated growth and product expansion.
-
Hildred Capital Management Makes Strategic Investment in AleraCare
May 2, 2023
Healthcare Services
Hildred Capital Management completed a strategic growth investment in AleraCare, a provider of infusion, home infusion and specialty pharmacy services. The capital will be used to double AleraCare's clinical capacity over the next 24 months and support continued expansion of its ambulatory infusion centers and pharmacy services across multiple U.S. states.
-
Sverica Capital Management Makes Growth Investment in Omeda
August 2, 2022
Cloud & SaaS
Sverica Capital Management made a strategic growth investment in Omeda, a Chicago-based SaaS audience relationship management and customer data platform. The partnership will support Omeda’s product investments, go-to-market expansion, and client experience improvements, with Sverica partners joining Omeda’s board.
-
Sverica Capital Acquires SG Homecare
June 15, 2022
Healthcare Services
Sverica Capital Management has acquired SG Homecare, a California-based provider of durable medical equipment (DME) and homecare supplies. The founder, Randy Rowley, will remain CEO while Sverica partners join the board to support growth and expansion as the company capitalizes on shifts toward risk-sharing payment models in home healthcare.
-
Procare LTC Acquires Allen's PharmaServ, Inc.
March 23, 2021
Healthcare Services
Procare LTC, a long-term care pharmacy based in Farmingdale, New York, acquired Allen's PharmaServ, Inc., a Youngstown, Ohio long-term care pharmacy. The deal expands Procare LTC’s footprint in Northeast Ohio and Western Pennsylvania and brings Allen's staff and leadership into Procare to maintain uninterrupted service.
-
Sverica Capital Management Invests in Cytracom
February 27, 2020
Cloud & SaaS
Sverica Capital Management has made a growth investment in Cytracom, a Dallas-area provider of cloud-based UCaaS software sold exclusively through the MSP channel. Sverica partners will join Cytracom's board while the existing senior management team, led by CEO Zane Conkle, remains in place; the capital will be used to accelerate product feature development and support partner growth.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.