CareRx Enters Deal With Rexall To Add 4,200 Beds
Stephanie Bedard-Chateauneuf- April 26, 2021, 2:14 PM EDT SHARE ON:
CareRx announced Monday it had signed an agreement to acquire a portion of the long-term care pharmacy business of Rexall Pharmacy Group. CareRx provides specialty pharmacy services to seniors communities. Rexall is one of the most trusted names in pharmacy.
This partial acquisition adds approximately 4,200 to the total number of residents served. CareRx (
CRRX) now anticipates that it will serve more than 90,000 residents through the largest national eldercare pharmacy platform in Canada. The offer consists of C$3.5 million in cash and should close in June or July 2021. (See CareRx stock analysis on TipRanks)
Press release content from Business Wire. The AP news staff was not involved in its creation.
Personalized Loyalty Solutions Provider Exchange Solutions Raises Growth Funding
April 14, 2021 GMT
BOSTON & TORONTO (BUSINESS WIRE) Apr 14, 2021
Exchange Solutions, a personalized loyalty solutions provider, recently completed a recapitalization and growth round led by Clipper Ship Ventures. The growth capital will be used to expand sales and marketing efforts throughout North America and expand the company’s SaaS loyalty and personalized offers capabilities.
“This new investment enables us to accelerate momentum through direct sales and partnerships, and to further establish our market leading position in personalized loyalty solutions,” said Mike Hughes, CEO of Exchange Solutions. “We are entering the next phase of growth at Exchange Solutions and are very excited to partner with Clipper Ship to capitalize on the opportunity before us.”
Rexall Recognized as One of Canada s 2021 Best Employers
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Over 8,000 Canadian employees surveyed for the Forbes Best Employers list
MISSISSAUGA, ON, Jan. 26, 2021 /CNW Telbec/ - Today, Rexall is being recognized on the Forbes list of Canada s Best Employers for 2021. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. At Rexall, we re driven to live out our ICARE values of Integrity, Customer-First, Accountability, Respect and Excellence, said Nicolas Caprio, President, Rexall. Today, we are thrilled to be recognized on the Forbes list of Canada s Best Employers 2021. This recognition has truly been a team effort. Our leadership team is passionate about creating a culture where our employees can be their authentic selves, grow and excel. That is why it is an honour to be celebrated because we know that this is the way we work every day, The Rexall Way.