Remedi SeniorCare
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Remedi SeniorCare - overview
Established
1954
Location
Baltimore, MD, US
Primary Industry
Healthcare
About
Founded in 1954, Remedi SeniorCare, formerly known as Woodhaven Pharmacy, provides pharmacy services to nursing homes, assisted living, and continuing care retirement communities. Serving more than 11,000 residents throughout the Mid-Atlantic region. Sterling Partners acquired Remedi SeniorCare. Remedi SeniorCare offers a range of products and services designed to optimise medication management in long-term care facilities.
The company's offerings are the PAXIT system, a 24-hour, unit-dose medication management solution. PAXIT is intended to enhance safety, reduce waste, and increase efficiency in the medication administration process. Each dose is individually packaged and labelled, which helps minimise medication errors and streamline the workflow for healthcare providers. In addition to PAXIT, Remedi SeniorCare provides a comprehensive suite of services that includes electronic health record (EHR) integration, formulary management, and infection control.
The company also offers a web portal for clients to manage their pharmacy needs and access educational resources.
Current Investors
Sterling Partners, Centerbridge Partners
Primary Industry
Healthcare
Sub Industries
Home Healthcare, Nursing Homes & Assisted Living
Website
www.remedirx.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Remedi SeniorCare - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Remedi SeniorCare | - | ||||||||
| Add-on | Completed | Frontier Pharmacy LLC | - | ||||||||
| Growth | Completed | Remedi SeniorCare | - | ||||||||
| Add-on | Completed | HealthCare Pharmacy | - | ||||||||
| Buyout | Completed | Remedi SeniorCare | - |
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