The U.S.’s largest privately-owned long-term care pharmacy, CHEM Rx, has retained Melville, New York based Equity Transfers, a business development consulting firm, to provide business development services that include searching the "Long Term Care Industry" for institutional pharmacies available for acquisition.
Founded over forty years ago, CHEM Rx’s principal business activities have historically been in the New York area. Now, Equity Transfers will focus on business development throughout the entire country, but still including the New York area.
According to Jerry Silva, CHEM Rx Founder and Chief Executive Officer:
"Our acquisition strategy is to expand our presence nationally. CHEM Rx can optimize profitability of target companies with our depth of management, leading edge technology, strong financial resources and tremendous buying power, thereby further leveraging our leadership position. What differentiates CHEM Rx from our bigger competitors is that we will always put our customer's needs first.”Read more from the press release.
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