Deal Details
Sale to ACON and Triton Pacific
Summary
Baird served as exclusive financial advisor to BioMatrix Specialty Pharmacy, LLC
About
BioMatrix Specialty Pharmacy, LLC (“BioMatrix” or the “Company”), was recently acquired by ACON Investments, L.L.C. and its affiliates (“ACON”). As part of this transaction, ACON partnered with Tracy Finn and Patrick Keefe, two former senior executives of Omnicare, Inc. ACON is also joined by Triton Pacific Capital Partners, LLC ("Triton Pacific"). Terms of the transaction were not disclosed.BioMatrix was formed in 2015 through the merger of Matrix Health Group and BiologicTx, two specialty pharmacy companies with a common emphasis on a high-touch, clinically sophisticated and patient-centric care management model. With a network of seven pharmacies, the Company is a leading provider for patients with blood disorders, organ transplants and other chronic and acute diseases and conditions. BioMatrix has relationships with leading physicians, medical facilities and payors; and its Digital Health platform, provides innovative solutions for care givers, patients, payors and other stakeholders. BioMatrix is headquartered in Weston, Florida.
ACON is an international private equity investment firm that manages private equity funds and special purpose partnerships that make investments in the United States and Latin America. Founded in 1996, ACON has responsibility for managing approximately $4.8 billion of capital. ACON has professionals in Washington, DC, Los Angeles, Mexico City, São Paulo and Bogotá. ACON is headquartered in Washington, DC.
Triton Pacific, founded in 2001, is a private equity firm that invests in middle-market companies in high growth or rapidly changing industries. Triton Pacific currently manages four private equity funds and is the sponsor of Triton Pacific Investment Corporation, a non-traded public Business Development Company. Triton Pacific is headquartered in Los Angeles, California.
For additional information about this transaction, please contact:
- Date
- November 2016
- Company
- BioMatrix Specialty Pharmacy, LLC
- Transaction
- M&A
- Sectors
- Healthcare
- Target Geography
- North America
- Acquiror Geography
- North America
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