Join Canada’s Most Trusted Pharmacy Family
Care Pharmacies offers a seamless, supportive transition for retiring pharmacists — with respect, continuity, and care at every step.
Our mission of providing a “feel good” alternative for retiring pharmacists, has resonated with many owners and has led to our rapidly growing network of 60+ pharmacies across 5 provinces, and being proud members of multiple banner programs.
Since 2006 Care Pharmacies has been preserving and enhancing independent pharmacies across the country
60
Locations in 5 Provinces
1000+
Employees
50+
Happily Retired Pharmacy Owners
90%
Staff retention post pharmacy store acquisition
We have a passion for innovation and the profession of pharmacy.
Compounding
Solutions
With three NAPRA compliant central fill compounding facilities in three regions across Canada, we ensure no underserved community should ever go without a required compounded medication.
Adherence Packaging
Central Fill
We believe in championing adherence with central fill solutions in all regions to support employees dealing with patients and robots filling the blister packs. Our scale allows the smallest of locations to offer the latest in adherence packaging.
Digitalization,
ECOM & AI
We implement cutting edge technologies in operations and digitalization to move the profession forward. We will continue to invest in technology solutions that not only make our operations more efficient but also allow our customers to experience pharmacy in technology forward manner.
Transaction
Integrity
Confidentiality is our first priority, followed by respect for your time with quick answers. If we provide an LOI it will not come with games, and we do not use the tactics employed by other acquirers that frustrate sellers. Please seek references for this important life decision.
Patient Care
Innovation
Care is proud to have participated in many innovative programs such as the nursing medication administration program, the community pharmacy medical cannabis program, national central fill solutions, and optimization of automation to improve operations.
Giving
Back
We believe our 90% retention rate post acquisition is one of the strongest in the industry. We give great people autonomy and incentives to maximize their career satisfaction. Choose Care and your employees will thank you.
The Care Team
Ali Reyhany
B.Sc.Phm R.Ph (ON, BC)
CEO & Co-founder
“You are selling to management who have all been in your shoes and understand what is important to you. This really makes a difference.”
Natalie Wilde
COO, Acquisitions Manager
Central Canada
“If we take Care of our customers, our staff and our community, the business will take Care of itself.”
Felipe Campusano
B.Sc. Phm R.Ph | Co-founder
“I have always given the front line health care professionals full autonomy in the care they provide. We have great people!”
Adam Somers
B.Sc. Phm R.Ph
Acquisitions Manager | Eastern Canada
“We care about every person and step of the process from the initial conversations to the after sale.
We are here to work with you!”
Frequently Asked Questions
My staff are extremely important to me, this business and the community.
What are your intentions related to retention of my staff post transaction?
What are your intentions related to retention of my staff post transaction?
Your staff are important to us as well. We pride ourselves on employee retention and have a 90% retention rate. Throughout this process we occasionally have people who retire, but generally maintain the staff you had.
How long does it take from beginning to end to finalize a pharmacy transaction?
Do you often have challenges closing the deal?
Do you often have challenges closing the deal?
The timing and length of the deal falls in between 3-4 months as an average. During the due diligence phase we gather information and depending on the intricacies of the business, it can vary by a few weeks or a couple of months.
Occasionally during the due diligence process items of concern may arise, however we always work to discuss these items in a timely and transparent manner to work through any challenges.
How can I be assured that the transaction stays confidential?
How do you differ from a broker?
Brokers operate as an agent to the deal. They list the sale of the business for the vendor and market it for purchase. We purchase and operate pharmacies across Canada. We have a team of experienced Pharmacists and Operation specialists that assist the store teams post sale.
Am I able to stay on full time after I sell the business to continue to support it?
Do I have to stay working post sale?
Do I have to stay working post sale?
Every situation is different. We will work with you throughout the sale process to make sure your post sale professional life is what you wish. Some vendors continue working and others choose to retire. We accommodate all scenarios.
Timeline
2006
Founders graduate from University of Toronto Pharmacy and immediately acquire a remote pharmacy and a speciality mental health pharmacy
2013
Care grows to six stores and the founders partner with university classmates as operators
2017
Care expands outside of Ontario for the first time to Western Canada
2018
Care continues a national expansion plan with the first locations in Eastern Canada
2019
With growth now to 40 locations, a minority investment from Private Equity is brought in, leaving Pharmacists in control while allowing for further acquisitions
2023
Care grows to 60 locations and enters a strategic partnership with Calgary Co-op. Led by the same management team, including the original founders, provides a strong and preferred alternative to the other consolidators and acquirers in the market
Selling Your Pharmacy?
Established in 2006 by independent pharmacy owners, Care has built an industry reputation for dedication to employee happiness, patient care and community well-being.
Our mission of providing a “feel good” alternative for retiring pharmacists, has resonated with many owners and has led to our rapidly growing network of 60+ pharmacies across 5 provinces, and being proud members of multiple banner programs.
We would be honoured to have the opportunity to discuss your plans to sell, whenever that may be.
Employees
We believe our 90% retention rate post acquisition is one of the strongest in the industry. We give great people autonomy and incentives to maximize their career satisfaction. Choose Care and your employees will thank you.
Community
For over 18 years we have been preserving the independent pharmacy culture in communities across Canada. When possible we add innovation to enhance patient care and practice at our full scope with a strong passion for the profession.
The Process
Confidentiality is our first priority, followed by respect for your time with quick answers. If we provide an LOI it will not come with games, and we do not use the tactics employed by other acquirers that frustrate sellers. Please seek references for this important life decision.
Our Promise
Happy to have a confidential conversation about the Care difference. We pride ourselves in our integrity throughout and sellers’ satisfaction even after the transaction is complete.
Please get in touch to learn more
Natalie Wilde
Acquisitions Lead
We are always looking to hire pharmacy professionals
After 30+ years of ownership we decided to sell our pharmacy. It was equally important to find the right price...
Lydia Young
Compass Pharmacies (Nova Scotia) Retired Owner