Provider of pharmacy benefits administration solutions for small- to mid-sized self-insured employers and PBMs.
Brookline was engaged by the shareholders of the company to evaluate strategic alternatives that would support a liquidity event for shareholders and position the company to capitalize on substantial growth opportunities.
Brookline delivered customized communications to a limited group of prospective acquirers emphasizing the significant growth opportunity and unique business model of the company. Brookline clearly articulated the value proposition of the company's near-term customer wins to achieve valuation credit. Brookline created financial models and drafted presentation materials to help clearly communicate the management team's vision for the Company going forward.
The process generated significant interest and delivered a premium result for the company. Brookline guided the shareholders to a financial sponsor partner that provided liquidity for existing shareholders and significant upside opportunity for senior management. The company received a majority investment from a leading private equity firm with significant capital committed to support the company's growth going forward. The private equity investor now has a leading platform in the high-growth pharmacy industry.