Aventine Secures Major Deal with Top U.S. Retail Pharmacy Chain
Aventine Secures Major Deal with Top U.S. Retail Pharmacy Chain
New York, NY (PRWEB) August 22, 2011
This week, Aventine Group—leaders in the pharmacy brokerage and consulting industry—are proud to announce the successful closing of their latest major brokerage deal. Aventine facilitated the sale of 5 independent pharmacies to Rite Aid Corporation—one of the largest retail pharmacy chains in the country! This multi-million dollar transaction was successfully completed thanks to the negotiating expertise of the Aventine team. Aventine employs a unique strategy when brokering for independent pharmacies that ensures all values are accounted for—often times finding values where pharmacy owners and generic brokers fail to look. This practice proved especially successful in this transaction, earning the sellers 25% more than the chain’s original offer!
Elan Katz—CEO of Aventine Group (as well as licensed Pharmacist)—credits the success of this deal to the unique knowledge and insights that only his team of professionals can bring. “As a registered pharmacist myself, I’m extremely familiar with what it takes to run a successful pharmacy. I also have registered pharmacists on my team, so we all know well the ins and outs of the industry and the challenges pharmacy owners face when selling. This is knowledge that a general broker won’t have, and I believe it is this unique insight that has allowed Aventine Group to be so successful.”
Aventine Group is a retail pharmacy brokerage & consulting firm with over 40 years of pharmacy business and management experience. If you are the owner of an independent pharmacy, and are looking to see what selling opportunities may be available to you, contact Aventine Group today, and discuss your options with a knowledgeable pharmacy brokerage consultant. Let Aventine Group ensure the sale of your pharmacy is not only fair, but equitable.
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