Neighbourly signs deal with Persistence Capital Partners to go private

Company

Neighbourly Pharmacy Inc.

Law Firm / Organization
McCarthy Tétrault LLP

Company

Persistence Capital Partners

Law Firm / Organization
Stikeman Elliott LLP

Neighbourly Pharmacy Inc. has agreed to be taken private by its largest shareholder, Persistence Capital Partners (PCP), in a deal that values Neighbourly at $916 million. The deal is expected to close in the last calendar quarter of 2023 or early in the first calendar quarter of 2024, subject to customary closing conditions.

Merger & Acquisition
Healthcare
$ 916,000,000
Closed
20 March 2024