Dickinson Wright Advises BioMatrix Specialty Pharmacy on Sale to ACON Investments
- Mayersohn, Joel D. Cavanaugh, Sarah B.
- In the News
Want to get our alerts?
Click “Subscribe Now” to get attorney insights on the latest developments in a range of services and industries.
Dickinson Wright PLLC is pleased to announce that the firm served as legal adviser to BioMatrix Specialty Pharmacy on its sale to ACON Investments, L.L.C. and its affiliates. The transaction was completed in November 2016.
BioMatrix Specialty Pharmacy L.L.C. is a specialty pharmacy platform company with a focus on both infused and oral specialty drugs. As part of this transaction, ACON partnered with Tracy Finn and Patrick Keefe, two former senior executives of Omnicare, Inc., and Triton Pacific Capital Partners, LLC, an experienced private equity healthcare services investor. BioMatrix will continue to be led by CEO Bruce Greenberg and other members of the existing senior management team, together with Tracy Finn, who will serve as Executive Chairman.
The Dickinson Wright team was led by Joel Mayersohn (Member) in our Ft. Lauderdale office and comprised of Sarah Cavanaugh (Of Counsel) in our Ft. Lauderdale office and Rose Willis (Member) in our Troy, Mich. office while Hogan Lovells US LLP and DLA Piper LLP US acted as legal advisors to ACON. Robert W. Baird & Co. acted as exclusive financial adviser to BioMatrix in the transaction. Debt financing for the acquisition was provided by Capital One through syndicated credit facilities.
Headquartered in Weston, Florida, BioMatrix was formed in 2015 through the merger of Matrix Health Group and BiologicTx, two specialty pharmacy companies with a common emphasis on a high-touch, clinically sophisticated and patient-centric care management model. With a network of seven pharmacies, the Company is a leading provider for patients blood disorders, organ transplants and other chronic and acute diseases and conditions. BioMatrix has relationships with leading physicians, medical facilities and payors; and its Digital Health platform, provides innovative solutions for care givers, patients, payors and other stakeholders. For more information on the company, please visit http://biomatrixsprx.com/.
BioMatrix Specialty Pharmacy L.L.C. is a specialty pharmacy platform company with a focus on both infused and oral specialty drugs. As part of this transaction, ACON partnered with Tracy Finn and Patrick Keefe, two former senior executives of Omnicare, Inc., and Triton Pacific Capital Partners, LLC, an experienced private equity healthcare services investor. BioMatrix will continue to be led by CEO Bruce Greenberg and other members of the existing senior management team, together with Tracy Finn, who will serve as Executive Chairman.
The Dickinson Wright team was led by Joel Mayersohn (Member) in our Ft. Lauderdale office and comprised of Sarah Cavanaugh (Of Counsel) in our Ft. Lauderdale office and Rose Willis (Member) in our Troy, Mich. office while Hogan Lovells US LLP and DLA Piper LLP US acted as legal advisors to ACON. Robert W. Baird & Co. acted as exclusive financial adviser to BioMatrix in the transaction. Debt financing for the acquisition was provided by Capital One through syndicated credit facilities.
Headquartered in Weston, Florida, BioMatrix was formed in 2015 through the merger of Matrix Health Group and BiologicTx, two specialty pharmacy companies with a common emphasis on a high-touch, clinically sophisticated and patient-centric care management model. With a network of seven pharmacies, the Company is a leading provider for patients blood disorders, organ transplants and other chronic and acute diseases and conditions. BioMatrix has relationships with leading physicians, medical facilities and payors; and its Digital Health platform, provides innovative solutions for care givers, patients, payors and other stakeholders. For more information on the company, please visit http://biomatrixsprx.com/.
Contacts
Recent Insights
- June 9, 2025 In the News Sixteen Dickinson Wright Attorneys Listed as 2025 IP Stars
- June 09, 2025 In the News Ralph Levy’s article, “Advising Physicians and Other Medical Professionals as to Tax Consequences of Offers From Practice Groups,” was published in the Journal of Health Care Compliance.
- June 06, 2025 Industry Alerts Recent U.S. – China Tariff Tensions Spark Investigations by Chinese Authorities
- June 5, 2025 In the News Dickinson Wright Receives Top Rankings in 2025 Chambers USA Guide; 64 Attorneys Recognized as Leaders in their Fields
- June 5, 2025 In the News Jing Liu, Ph.D. Named a 2025 Leader of Influence in Life Sciences by the San Diego Business Journal
- June 3, 2025 In the News Dickinson Wright Ranked in the 2025 Edition of the IAM Patent 1000
- June 02, 2025 Media Mentions Kathleen Campbell Walker was recently quoted in a Law360 article, “US Tourism Dips Amid ICE Confinement Of Foreign Travelers.”
- May 29, 2025 Industry Alerts FCC Expands National Security Measures for Telecom Industry
- May 22, 2025 Industry Alerts Cyber Risk, Real Consequences: DOJ Steps Up Enforcement