VERTESS, a Fort Worth, Texas-based healthcare M&A advisory firm, announced on July 16 the successful completion of a specialty pharmacy acquisition in Mississippi. Keystone Specialty Pharmacy was purchased by Novastone Capital Advisors.
Keystone Specialty Pharmacy is a specialty pharmacy in Madison, Mississippi. Keystone offers healthcare providers new resources to treat serious infections while maintaining the highest ethical standards in business.
Founded in 2019, Novastone Capital Advisors is a private equity firm based in Baar, Switzerland.
The transaction was overseen by VERTESS Managing Director, Alan Hymowitz, who previously owned and operated a pharmacy before his tenure at VERTESS. Dr. Lisa Piercey will lead the pharmacy following the acquisition. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition marks the 15th specialty pharmacy transaction of 2024. There were 15 announced during all of 2023, and 27 during 2022.
