PEORIA, AZ. – Harbor Healthcare Consultants is pleased to announce the sale and strategic partnership of Potter’s House Apothecary, a respected provider of sterile and nonsterile compounded medications, to a venture backed healthcare enterprise. Harbor Healthcare Consultants served as the exclusive M&A advisor to Potter’s House Apothecary. The terms of the transaction were not disclosed.
Founded by Kevin Borg, PharmD, Potter’s House has built a strong reputation for addressing the individualized medication needs of patients and healthcare providers. The pharmacy’s commitment to quality, service and customized care has established it as a trusted compounding partner in the communities it serves.
A New Chapter for Potter’s House
“This partnership represents an exciting next chapter for Potter’s House,” said Kevin Borg, PharmD, owner of Potter’s House Apothecary. “We have always focused on providing patients and prescribers with high-quality, personalized solutions. Our new partner shares that commitment and brings additional resources to support our team, strengthen our capabilities and expand the reach of the services we provide.”
The buyer is a venture backed healthcare enterprise that is building a technology-enabled platform to support growth and innovation in personalized healthcare. The partnership is expected to provide Potter’s House with additional operational resources while preserving the clinical expertise, service standards and patient-centered culture that have defined the pharmacy.
Continued Growth in Compounding Pharmacy M&A
“Potter’s House is an outstanding compounding pharmacy built on clinical quality, entrepreneurial leadership and exceptional service,” said Mark Alford, Managing Director at Harbor Healthcare Consultants. “Kevin and his team have created a business with a strong reputation among patients and providers. This partnership aligns Potter’s House with an organization that has the vision and resources to support its next phase of growth, and we were proud to serve as the company’s exclusive M&A advisor.”
Potter’s House will continue serving its patients and healthcare-provider partners with the same focus on quality, reliability and individualized care. The partnership is designed to support investment in people, technology and operating infrastructure while creating opportunities to extend the pharmacy’s services to additional patients and providers.
About Potter’s House Compounding Pharmacy
Potter’s House Compounding Pharmacy is a PCAB and NABP accredited, compounding-only pharmacy based in Peoria, Arizona. Founded in 2009 by Kevin Borg, PharmD, the pharmacy provides sterile and nonsterile integrative therapies and works with patients and healthcare professionals to develop individualized medication solutions.
About Harbor Healthcare Consultants
Harbor Healthcare Consultants is a boutique M&A advisory firm serving middle-market healthcare organizations and specializing in pharmacy transactions. The firm provides strategic advisory solutions to independent owners and investors across long-term care, specialty, home infusion, compounding (503A and 503B) and 340B pharmacy. A pharmacist-founded firm comprised of bankers and healthcare entrepreneurs, Harbor Healthcare Consultants combines industry, regulatory and transaction expertise with longstanding relationships among strategic buyers, private equity firms and independent acquirers. For more information, contact Mark Alford, Managing Director, at (619) 535-9005 or visit https://www.harborhealthcare.com.
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