CareRx is Canada’s leading provider of pharmacy services to seniors communities. CareRx serves approximately 92,000 residents in over 1,500 seniors and other congregate care communities (long-term care homes, retirement homes, assisted living facilities and group homes). CareRx is a national organization with a large network of pharmacy fullfillment centres strategically located across the country.
With services that address the growing demand within the Canadian healthcare system, CareRX’s unparalleled national care delivery platform provides significant potential for future expansion and growth.
Crown’s term loans were used to support CareRx’s acquisition of Remedy RX’s and Medical Pharmacy Groups Limited’s long-term pharmacy businesses.