Guardian Pharmacy acquires Peak Pharmacy to reinforce N.C. footprint

Guardian Pharmacy LLC, one of the largest LTC (long-term care) pharma companies in the U.S., and Southern Pharmacy Services, a Guardian family member, have reportedly announced the acquisition of Peak Pharmacy located in Kernersville, N.C.

This acquisition increases the customer base of Southern Pharmacy Services by around 10 percent. Additionally, all Peak Pharmacy employees will be able to join Southern Pharmacy’s team at its Kernersville branch.

The newly acquired pharmacy will run as SPS (Southern Pharmacy Services) and will continue serving current LTC consumers and their residents. This expansion comes following the pharmacy celebrating 18 years serving in skilled nursing, assisted living, and behavioral health communities along with individuals with developmental and intellectual disabilities.

As part of the Guardian Pharmacy family, Southern Pharmacy benefits from the local autonomy business model of the company. This first-in-industry model makes sure that the local pharmacy team can emphasize customer service to cater to the specialized needs of the residents, communities, and individuals they serve.

On the other hand, the Corporate Support Team of Guardian helps in many complex backend business functions like HR, data analytics, IT, national sales, payor relations, and many more.

According to Stan Watts, the Co-Founder of Peak Pharmacy, the company trusts that this is the right time to acquire a business that would benefit its clients and staff and enable Peak Pharmacy to solely focus on growing its retail operation in Kernersville Pharmacy.

Marybeth Terry, the Co-President of Southern Pharmacy Services, has cited that the company shares its passion for offering superior customer service with Peak Pharmacy and using Southern Pharmacy’s expertise, tools, and resources will ensure more LTC community residents are well served across this region.

For the record, Guardian Pharmacy Services is an Atlanta-based pharmacy company that offers superior resident care and client service to long-term care communities.

Source credit:

https://www.businesswire.com/news/home/20211206005075/en/Guardian-Pharmacy-Services-and-Southern-Pharmacy-Services-Strengthen-N.C.-Footprint-with-Acquisition