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Walgreen Co. (“Walgreens”) Acquires UCH Pharmaceutical Services, Inc. (“UCH”)

The Transition Companies, LLC (“TTC”) is pleased to announce the acquisition of UCH Pharmaceutical Services, Inc. in Marion, IN

 
PRLog - Dec. 5, 2012 - ADDISON, Texas -- TTC acted as UCH’s sole M&A advisor for this transaction, which closed in November 2012.

Brandon Fitzgerald, Director of Transactions Operations said: “We were pleased to close this high quality transaction for our client who had built a well respected local business that served its community for almost 2 decades. Our client was able to choose between competing offers, ultimately deciding that Walgreens was best suited to care for its customers after the transition.”

UCH is an independent retail pharmacy that provided specialty compounding services and had set the standard for customer service throughout Grant County, IN for many years. Its skilled and friendly staff had developed deep connections to the community over the nearly two decades of professional service, resulting in a very loyal and robust customer base. The transaction with Walgreens was a great fit for both parties and allowed Walgreens to increase market share, while allowing the shareholders of UCH to achieve their liquidity and transition goals.

Walgreens (http://www.walgreens.com/) is the one of the largest pharmacy health care providers in the United States having recently opened its 8,000th location. Headquartered in Deerfield, IL, Walgreens is a publicly traded company (NYSE:WAG). Walgreens is known for its excellent customer service and commitment to the communities it serves.

About The Transition Companies: The Transition Companies, LLC, (http://www.transitioncompanies.com/) is a leading Mergers and Acquisitions ("M&A") firm that specializes in maximizing the enterprise value received by owners when selling their privately-held companies. TTC also provides Business Optimization consulting services for companies that want to improve their performance and earnings in the short-term, while increasing their market value for a future sale. Tracing its roots back to 1988, TTC is headquartered in Dallas, TX, and has offices throughout the United States and Canada.

For more information: (972) 450-3100 or PR@TransitionCompanies.com

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Source:The Transition Companies
Location:Addison - Texas - United States
Industry:Health, Finance
Tags:pharmacy, retail pharmacy, health care services, mergers, acquisitions
Shortcut:prlog.org/12037237
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