In Vivo is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

Brought to you by

Advance Paradigm pays $1bn for Rite Aid's PCS

Executive Summary

Pharmacy benefit management company Advance Paradigm has acquired Rite Aid's PCS Health Systems to create a pharmacy benefit management giant with about $3.2bn in revenues, serving about 75mm people in the US, with a total of about 450mm drug claims. It paid $1bn total: $675mm cash, $200mm in senior subordinated notes, and $125mm in new AP equity.
Deal Industry
  • Pharmaceuticals
  • Services
    • Pharmacy Services, PBMs
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash
    • Payment Includes Stock

Related Companies