Neighbourly signs deal with Persistence Capital Partners to go private

LAW FIRMS
CASES
DEALS
Search by

3 Oct 2023

Neighbourly Pharmacy Inc. has agreed to be taken private by its largest shareholder, Persistence Capital Partners (PCP), in a deal that values Neighbourly at $916 million. The deal is expected to close in the last calendar quarter of 2023 or early in the first calendar quarter of 2024, subject to customary closing conditions.

Parties

Company

Neighbourly Pharmacy Inc.

Law Firm / Organization

McCarthy Tétrault LLP

Company

Persistence Capital Partners

Law Firm / Organization

Stikeman Elliott LLP

Bank

Brookfield Asset Management

Law Firm / Organization