Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions

How Private Equity Is Rolling Up Independent Pharmacies
In this episode, Lucas and Luna examine the wave of private equity acquisitions sweeping independent pharmacies across the US. With over 2,000 independent pharmacies bought by PE-backed consolidators since 2020, they drill into the case of Elevate Pharmacy, a roll-up platform that acquired 150 locations in 18 months. They discuss the economic pressures pushing owners to sell, how these deals change patient care and drug pricing, and the regulatory questions now being asked. Lucas explains the typical earnout structure used to retain pharmacists, and Luna challenges whether the model can…
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