TorQuest Partners acquires retail pharmacies network Amenity
Canadian private equity firm TorQuest Partners has acquired Amenity Health Care Inc, a Winnipeg-based operator of retail pharmacies located across Western Canada. No financial terms were disclosed. Founded four years ago by Chairman David Asper and President and CEO Dalbir Bains, Amenity owns and manages a network of 32 retail pharmacies located in mostly rural and under-serviced communities. TorQuest's Daniel Sonshine said the deal will support the company's next phase of growth. Amenity is the second platform investment of TorQuest Partners Fund IV, which last year raised $925 million. Fund IV's debut deal was Can Art Aluminum Extrusion Inc.


