LOS ANGELES, July 27, 2012 /PRNewswire/ --Intrepid Investment Bankers LLC ("Intrepid"), a leading middle market investment banking firm, today announced the sale of the specialty pharmacy assets of A-Med Health Care ("A-Med") to Modern HC Pharmacy, Inc. ("Modern"), a newly formed portfolio company of Altamont Capital Partners ("ACP"). The transaction closed on July 24, 2012. Intrepid acted as the exclusive M&A advisor to A-Med in connection with the specialty pharmacy asset sale. (Logo: http://photos.prnewswire.com/prnh/20120315/LA70428LOGO) Founded in 1982 and headquartered in Huntington Beach, California, A-Med is a leading provider of medical supplies and specialty pharmaceuticals to patients throughout the United States. A-Med's specialty pharmacy operation principally services Medicare, Medicaid / Medi-Cal and managed care patients across several disease states including, cystic fibrosis, HIV / AIDS and transplant patients. Modern is a newly formed entity created to combine the specialty pharmacy assets of A-Med with the specialty pharmacy assets of Modern HEALTHcare, Inc., which provides long-term care medication programs for skilled nursingand assisted livingcommunities and specialized pharmacy services to individuals challenged with a broad range of chronic health conditions. ACP is a private equity sponsor based in the San Francisco Bay area with $500 million in capital, focused on investing in change-intensive … Continue reading
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