By Generational EquityMay 17, 2016, 04:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Whiteford Pharmacy, Inc. and Darlington Pharmacy, headquartered in Whiteford, Maryland, by Whiteford Darlington, LLC, headquartered in Whiteford, Maryland. The acquisition closed on April 4th, 2016.
Whiteford Pharmacy and Darlington Pharmacy are independent, service-oriented retail community pharmacies offering retail prescriptions of brand name and generic drugs. Additionally, the pharmacies display multiple storefront items for the convenience of their valued customers in the immediate and surrounding areas.
Managing Director Doug Smith and Vice President Ryan Johnson led the Generational Equity deal team that advised Whiteford Pharmacy and Darlington Pharmacy on the transaction.
"It was very important to our client that the pharmacies be purchased by an independent buyer dedicated to preserving the culture and long-term employee/customer relationships. Both parties saw the great fit, and were very committed to making the deal happen," said lead dealmaker Ryan Johnson.
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