Created One of the Largest Fertility
Pharmacies in the US
FORT
LAUDERDALE, Fla., Aug. 8, 2024
/PRNewswire/ -- BelHealth Investment Partners, LLC ("BelHealth") is
pleased to announce that it has completed the sale of VFP Pharmacy
Group (VFP or the Company), one of the largest independent national
fertility pharmacies in the United
States. The terms of the transaction were not disclosed.
BelHealth Exits VFP Pharmacy Group -
Created One of the Largest Fertility Pharmacies in the US
BelHealth acquired VFP in August
2015, completed three add-on acquisitions and grew revenues
over five-fold primarily through organic growth by securing large
institutional contracts with leading fertility payors and
clinics.
Harold S. Blue, Founding Partner
of BelHealth, said, "BelHealth identified an early opportunity to
build a pre-eminent national fertility pharmacy to capitalize on
favorable demographic and reimbursement trends in women's health
and I am proud of what the team accomplished."
Inder Tallur, Partner of
BelHealth added "Hiring an outstanding management team led by
Rich Burkett, to develop the
platform was a pivotal point in the life cycle of our investment.
The team built strong partnerships with leading players in the
fertility sector, who recognized VFP's strengths, leading to the
Company's growth over the years."
Truist Securities acted as exclusive advisor to VFP Pharmacy on
the transaction.
About BelHealth Investment Partners
BelHealth
Investment Partners, based in Fort
Lauderdale, Florida, is a healthcare private
equity firm focused on lower middle market companies.
BelHealth acquires majority positions in entrepreneur-owned
companies that it believes will benefit from its extensive
investing, executive management and entrepreneurial
experience.
Contact:
BelHealth: Inder Tallur
itallur@belhealth.com
917.975.6604
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SOURCE BelHealth Investment Partners