News
First Choice Healthcare Solutions to acquire four Florida pharmacy and healthcare businesses for $21.3 million
- Segment
- Pharmacy / Infusion
- Industry
- Services
- Type
- acquisition
First Choice Healthcare Solutions entered into an amended and restated stock purchase agreement on July 22, 2026, to acquire all equity interests in Pointe Medical Services, Pointe Med Pharmacy, Livewell MD and Live Well Drugstore for a maximum consideration of about $21.3 million in cash, assumed debt and stock. The target businesses provide primary care physician services, retail pharmacy operations and wellness services in Florida. The purchase price includes $7 million in cash at closing, a $3 million deferred note, approximately $4.3 million of assumed indebtedness, $6 million in stock and a $1 million performance bonus. Closing is contingent on a separate business combination with Westin Acquisition Corp., regulatory approvals, financing availability and full transfer of minority interests, with an outside termination date of up to 180 days.
Source: Tipranks