Report: Genoa Healthcare may be for sale
Private-equity firm Advent International has reportedly held talks with potential buyers about the sale of pharmacy company Genoa Healthcare, according to a Bloomberg report.
Walgreens Boots Alliance is said to be among those suitors interested in Genoa, Bloomberg's report said.
Genoa, which is estimated to be worth about $2.5 billion has more than 400 full-service pharmacies within community mental-health centers. It serves about 650,000 customers and has more than 250 psychiatrists and nurse practitioners who provide telepsychiatry services to mental-health patients, according to the report.
A Walgreens deal with Genoa would add to Walgreens' number of pharmacies, which increased last year when the chain acquired 1,932 new stores from Rite Aid.
Walgreens Boots Alliance is said to be among those suitors interested in Genoa, Bloomberg's report said.
Genoa, which is estimated to be worth about $2.5 billion has more than 400 full-service pharmacies within community mental-health centers. It serves about 650,000 customers and has more than 250 psychiatrists and nurse practitioners who provide telepsychiatry services to mental-health patients, according to the report.
A Walgreens deal with Genoa would add to Walgreens' number of pharmacies, which increased last year when the chain acquired 1,932 new stores from Rite Aid.
