DALLAS, May 17, 2016 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Whiteford Pharmacy, Inc. and Darlington Pharmacy, headquartered in Whiteford, Maryland, by Whiteford Darlington, LLC, headquartered in Whiteford, Maryland. The acquisition closed on April 4th, 2016.
Whiteford Pharmacy and Darlington Pharmacy are independent, service-oriented retail community pharmacies offering retail prescriptions of brand name and generic drugs. Additionally, the pharmacies display multiple store front items for the convenience of their valued customers in the immediate and surrounding areas.
Managing Director Doug Smith and Vice President Ryan Johnson led the Generational Equity deal team that advised Whiteford Pharmacy and Darlington Pharmacy on the transaction. "It was very important to our client that the pharmacies be purchased by an independent buyer dedicated to preserving the culture and long-term employee/customer relationships. Both parties saw the great fit, and were very committed to making the deal happen," said lead dealmaker Ryan Johnson.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes M&A education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals located throughout North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information, visit www.genequityco.com, the Generational Equity Press Room, or the Generational Equity Blog.
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SOURCE Generational Equity