May 9, 2012 – Triton Pacific Capital Partners today announced that it has established and funded PharmaSync, LLC to acquire the assets of an institutional pharmacy located in Portland, OR. “For more than 30 years, PharmaSync’s predecessor was a leading institutional pharmacy serving the Pacific Northwest,” said Joe Davis, a managing partner and head of Triton Pacific’s Healthcare Services Group.
“With new leadership and growth capital, PharmaSync is positioned to build on that legacy and achieve tremendous growth.”With the acquisition, PharmaSync is now a provider of institutional pharmacy services to adult foster care, assisted living centers and other residential care facilities (www.pharma-sync.com).
“The PharmaSync acquisition continues the successful investment strategy Triton Pacific has carried out since its inception, focusing on opportunities where a combination of capital, strategic guidance and operational expertise can accelerate growth in an already well-positioned business,” said Triton Pacific’s Managing Partner Craig Faggen.
Triton Pacific Capital Partners acquires controlling interests in profitable entrepreneurial companies. The firm seeks to partner with management of established, profitable companies that have compelling, differentiated business propositions. Triton Pacific currently maintains a controlling investment in 16 private equity companies with an enterprise value in excess of $170 million. The firm was founded in 2001 and is headquartered in Los Angeles, CA, (www.tritonpacific.com).