News and Events

September 30, 2010 – Grapevine, Texas

BGS Pharmacy Partners, Inc. acquires Spectrum Pharmacy Services, LLC of Henderson, Nevada

BGS Holdings, the parent company of BGS Pharmacy Partners, Inc. (BGS) of Grapevine, Texas announced today the acquisition of Spectrum Pharmacy Services, LLC (Spectrum) of Henderson, Nevada for an undisclosed sum.
 
BGS, a portfolio company of DW Healthcare Partners (DWHP) of Park City, Utah has previously acquired four pharmacies focused on the senior care marketplace in Colorado Springs, Colorado, Boise, Idaho, Ogden, Utah and Grapevine, Texas.  By acquiring Spectrum, BGS is doubling its revenue in addition to extending its presence in the mountain west region.
 
Steve Carlton, R.Ph., Spectrum’s founder commented, “BGS was the ideal partner for Spectrum and increases our access to capital for continued expansion”.  Doug Schillinger, a director of BGS and managing director of DWHP, “we worked with BGS leadership to assess a number of partners, but Spectrums’ locale and market presence combined with their commitment to automated customer fulfillment provides a compelling addition to the BGS network”.
 
Drew McCartney, BGS’s chief executive officer and an executive in residence with DWHP notes, “there are precious few assets in our sector as alluring as Spectrum.  The combination of Spectrum’s leadership and technology-centric business model enables BGS to service multi-unit, multi-state operators of residential communities for seniors with the array of pharmaceutical dispensing services they seek”.
 
For further information, contact Brandy Porche of BGS Pharmacy Partners at +1.817.552.7630. For further information on DW Healthcare Partners, a  healthcare focused private equity firm with over $250 million under management, contact Liz Null at +1.435.645.4058.

BGS Partners with DW Health Care Partners

BGS has partnered with DW Healthcare Partners (DWHP) to access funding for organic-growth and pharmacy acquisitions.
For more information on DWHP, please go to www.dwhp.com.

August 1, 2009 — Dallas, TX

BGS Pharmacy Partners, Inc. and Comerica's Technology & Life Science Division announce expanded Credit Facility Agreement.

For further information, please contact Brandy Porche.

May 22, 2009 — Ogden, UT

Care First Pharmacy LLC and BGS Pharmacy Holding Company, Inc. agree to partner in the provision of pharmacy services to long-term care, hospice and other alternate care providers in the Utah and Idaho markets.

For further information, please contact Brandy Porche.

December 11, 2008 — Boise, ID

Innovative Care Pharmacy LLC and BGS Pharmacy Holding Company, Inc. agree to a partnership to provide pharmacy services to long-term care, hospice and other alternate care providers in the Idaho, Oregon and Utah and markets.

For further information, please visit Innovative Care Pharmacy or contact Brandy Porche.

September 22, 2008 — Colorado Springs, CO

Contract Pharmacy Services, Inc. and BGS Pharmacy Partners agree to a partnership to provide pharmacy services to long-term care, hospice and other alternate care providers in the Colorado, Kansas, Washington and numerous other U.S. markets.

For further information, please go to Contract Pharmacy or contact Brandy Porche.

August 8, 2008

BGS Pharmacy Partner, Inc. and DW Healthcare Partners Announce Financing and Strategic Partnership

Article link: http://www.dwhp.com/?a=aug_27_08

BGS Pharmacy Partners, Inc. (BGS), an alternate care pharmacy company based in Grapevine, TX, is pleased to announce an initial $10 million growth capital commitment from DW Healthcare Partners (DWHP) to finance acquisitions and development.