My Pharmacy Ltd.

Rubicon Pharmacies has acquired My Pharmacy Ltd.

Industry:

Health Care

Rubicon Pharmacies has acquired My Pharmacy Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to My Pharmacy Ltd. in structuring and negotiating this transaction.

Transaction Brief

This transaction has allowed the shareholders of My Pharmacy Ltd. (My Pharmacy) to implement their succession strategy, while ensuring their legacy as dedicated healthcare professionals to the community of Prince Albert, Saskatchewan is upheld in their retirement. With the acquisition of My Pharmacy, Rubicon Pharmacies (Rubicon) has strategically enhanced their footprint of pharmacies under ownership in Northern Saskatchewan.

My Pharmacy is located in Prince Albert and prides itself on its genuine pharmacist-patient relationships. For nearly 35 years the shareholders have proudly serviced the Prince Albert community.

Rubicon operates more than 100 locations across Western Canada. Rubicon's mission is to own and operate pharmacist-controlled retail pharmacies serving the health needs of an aging population while providing unique investment opportunities. Rubicon provides leading pharmacy care and an alternative for pharmacists - ownership of their future.