Kinderhook Industries Acquires Paramount Specialty Pharmacy and PharmBlue, Consolidates into Avita

Kinderhook Recapitalizes Long's Drugs and PharMedQuest to Create Avita Care Solutions

December 4, 2019

Healthcare Services

Kinderhook Industries completed a majority recapitalization of Long's Drugs, Inc. and PharMedQuest Pharmacy Services, combining the two on‑site and central‑fill pharmacy services providers into a single platform to serve Covered Entities (FQHCs, Ryan White clinics, STD clinics and other underserved providers). The transaction creates scale under the Avita/combined platform and is intended to accelerate growth and share best operating practices across the combined business; financial terms were not disclosed.

Avita Pharmacy (Kinderhook) Acquires Advantage Healthcare Services' Two California HIV-Focused Pharmacies

February 3, 2022

Healthcare Services

Avita Pharmacy, a portfolio company of Kinderhook Industries, acquired two Southern California HIV-focused pharmacy locations (Garden Grove and Mission Viejo) from Advantage Healthcare Services on February 1, 2022. The deal expands Avita's presence in California, adds ~5,000 patients (nearly 2,000 HIV lives) and supports Avita's community pharmacy model and 340B/covered-entity services; financial terms were not disclosed.

Avita Care Solutions Acquires Three Lifecare Pharmacy Locations in San Antonio

February 21, 2023

Healthcare Services

Avita Care Solutions, a Plano-based national health care services organization backed by Kinderhook Industries, has acquired three San Antonio specialty pharmacy locations (Laurel Heights, Pavilion, and Empire) from Lifecare Pharmacy. The add-on transaction expands Avita's footprint and enhances its ability to provide HIV, PrEP, LGBTQ+ and sexual wellness care to patients and covered-entity partners in the San Antonio market. Terms were not disclosed.

Avita (PMQ Investors) Acquires Q Care Plus

January 9, 2023

Healthcare Services

PMQ Investors, LLC — the parent of Avita Care Solutions — has acquired Sarasota-based Q Care Plus, a telehealth-focused community care management provider specializing in telePrEP and sexual wellness services. The acquisition expands Avita's digital health capabilities and integrates Q Care Plus' telehealth platform into Avita's pharmacy, 340B administration, and community care management offerings to advance access to culturally competent care for underserved populations.

Avista Healthcare Partners Acquires PK Benelux

November 20, 2025

Consumer Products

Avista Healthcare Partners has completed its acquisition of PK Benelux, a leading Dutch vitamins, minerals and supplements (VMS) company and owner of the Lucovitaal brand. The deal strengthens Avista’s consumer health platform in Western Europe and will continue PK Benelux’s founder-led operations from its Uden headquarters.

AbsoluteCare Raises $135 Million from Kinderhook, CVS Health Ventures, Pacific Life and Lexington Partners

July 22, 2025

Healthcare Services

AbsoluteCare, a Columbia, Maryland-based value-based integrated health care provider, secured $135 million in equity financing from Kinderhook Industries, CVS Health Ventures, Pacific Life and Lexington Partners. The funding will be used to optimize operations, scale AbsoluteCare’s concierge, PCP‑led care model, and expand into new markets and member populations across the U.S.