Based in Brockton, MA, Apothecare Pharmacy is an institutional pharmacy targeting the behavioral health sector in group homes and community-based settings in Massachusetts.
The investment by Clearview and Starboard Capital Partners allowed the company’s CEO and owner to recapitalize the business and provided additional capital to support the company’s organic and acquisition growth initiatives.
The platform transaction closed on July 17, 2018. Clearview invested equity from Clearview Capital Fund III, LP alongside Starboard Capital Partners and the company’s prior owner.
Clearview sold a majority interest in Apothecare in 2022, but maintained a minority position.