Callisto-backed Medical Pharmacies to buy Desjardins Healthcare
Pickering, Ont.-based Medical Pharmacies Group Ltd. (MPGL) has agreed to acquire Desjardins Healthcare Group, a provider of specialty pharmacy services, medical supplies and equipment based in Ottawa. The financial terms of the deal, which is set to close on October 31, were not released. MPGL, a provider of pharmacy services to long-term care facilities and retirement homes, has been a portfolio company of Canadian mid-market buyout firm Callisto Capital since 2011. In 2012, MPGL purchased three B.C.-based pharmacies, Marks Pharmacy, Okanagan Resident Plus Pharmacy and Resident Plus Pharmacy in Surrey.
17 September 2013•3 mins read
