Total Care is one of the largest organ transplant pharmacies in New York, dispensing medication to over 1,000 unique transplant patients.
“Total Care’s focus on chronic care and the transplant market is critical,” said White Oak’s Managing Director Ross Eldridge. “It is vital that patients follow all medication regimens following a transplant and we are very excited to partner with a company that is setting a new standard for personalizing a pharmacy.”
Total Care serves as an extension of a patient’s medical team to monitor medication compliance, provide education, and other value-added services not offered by retail pharmacies. Total Care filled more than 366,000 prescriptions in 2017, including wholesale generic and branded drugs. The company provides same-day deliveries within 50 miles of its location for over 90% of its prescriptions.
“We are pleased to be partnering with White Oak to leverage Total Care’s outstanding market reputation and customer service and build a substantially larger business,” said Celerity Partners’ Matt Kraus.
For more information, visit http://www.totalcarerx.com.
About Celerity Partners
Celerity Partners (“Celerity”) is a private equity fund whose objective is to build businesses, in partnership with management, to preeminence in their markets. Since its inception in 1995, Celerity has invested in 56 businesses in a wide variety of industries with a total transaction value of $2.5 billion. Celerity has offices in Los Angeles and Menlo Park, California.
About White Oak Healthcare Finance
White Oak Healthcare Finance, LLC, an affiliate of White Oak Global Advisors, LLC, is a lender to all subsectors within the healthcare industry including healthcare services, pharma and life sciences, medical devices, healthcare technology, healthcare real estate, hospitals and SNFs. White Oak has deep domain expertise with a sole focus on healthcare which enables it to provide flexible and creative solutions with certainty of execution. White Oak offers a differentiated product set including cash flow term loans, asset based loans and ABL Stretch facilities, unitranche facilities, last out financings, real estate financings, equipment financings and opportunistic investments. As a lender with large pools of capital to deploy, WOHCF generally holds its full loan positions to maturity.
About White Oak Global Advisors
White Oak Global Advisors, LLC is a leading global alternative asset manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Since its inception in 2007, White Oak Global Advisors, LLC’s disciplined investment process aims to deliver risk-adjusted investment returns for our investors while establishing long term partnerships with our borrowers. More information can be found at www.whiteoaksf.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180717005038/en/
Contacts
White Oak Healthcare Finance, LLC
Jonathan Setiabrata
Investor Relations
jsetiabrata@whiteoaksf.com
Source: White Oak Healthcare Finance, LLC
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