Nevada – Harbor Healthcare Consultants proudly announces the successful sale of a specialized behavioral health focused long-term care pharmacy with multiple locations throughout the state. Acting as the Exclusive Sell-Side Advisor, Harbor Healthcare facilitated this strategic acquisition by a private equity-backed company, marking their first and meaningful expansion into Nevada’s behavioral health sector.

This transaction highlights the increasing importance of accessible and effective mental health services as Nevada continues to grapple with a pressing mental health crisis. According to the National Alliance on Mental Illness (NAMI), approximately 1 in 5 adults in Nevada experience mental illness, significantly above the national average. Furthermore, the state ranks among the highest in the nation for the percentage of adults with serious mental illness who do not receive treatment. This acquisition is set to address these challenges and enhance the quality of care provided to underserved communities.

“We believe this transaction will create substantial value for both parties and ultimately improve patient outcomes,” said Mark Alford, Managing Director of Harbor Healthcare Consultants. “The new ownership brings resources and expertise that will enable the pharmacy to expand its services and enhance its impact on the community it serves.”

The seller expressed enthusiasm about the new partnership, stating, “We are thrilled to pass our legacy to an organization that shares our commitment to patient care and the promotion of mental health services. This transition means our patients will continue to receive exceptional care while also benefiting from the expanded capabilities of our new owners. Our dedicated employees can also feel confident in their futures here.”

The buyer, a private equity-backed strategic investor, shared its excitement about the acquisition. “We are honored to partner with this esteemed pharmacy that has built a remarkable reputation in the behavioral health space. This acquisition represents not just an expansion into Nevada, but also an opportunity to innovate and enhance the delivery of pharmaceutical services for individuals facing mental health and substance use challenges. We are committed to investing in the local community and ensuring that quality care remains accessible.”

Harbor Healthcare Consultants remains dedicated to supporting innovative healthcare solutions and is proud to have played a role in this important transaction that promises a brighter future for the behavioral health community in Nevada and across the entire United States.

About Harbor Healthcare
Harbor Healthcare is a boutique M&A advisory firm founded in 1995 by its President and pharmacist, Ira Cammeyer. Harbor offers a variety of M&A advisory services to middle market healthcare and pharmacy businesses. The company provides perceptive strategic solutions to independent owners and investors of long-term care, specialty, infusion, compounding and 340B pharmacies. Harbor offers regulatory and advisory expertise while maintaining business relationships with strategic, private equity and independent acquirers. For more information, please contact Mark Alford, Managing Director at Harbor Healthcare (619) 535-9005 or visit https://www.harborhealthcare.com.

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