Industry
Retail Pharmacies
Company Profile
Leamington Medical Pharmacy ("LMP") is a retail pharmacy based in Leamington, Ontario.
NewPoint’s Role
NewPoint, along with Capital Assist Valuation Inc., was retained by the shareholders of LMP to facilitate a sale of the Company to provide the owners with a path towards succession, as well as some immediate liquidity. NewPoint assisted the Company with all aspects of evaluating, negotiating, and closing the transaction.
Transaction Snapshot
LMP was ultimately sold to Rexall/Pharma Plus Pharmacies Ltd., a prominent Canadian operator of drug stores and pharmacy locations.