Peak Rock Capital has completed the acquisition of Asembia LLC and its related entities from the Irene family.
The acquisition expands Peak Rock’s healthcare portfolio and reflects its strategy of investing in founder-owned, technology-enabled businesses with strong growth potential. The buyer said it plans to invest in Asembia’s technology, capabilities, marketing and growth initiatives while pursuing complementary acquisitions to accelerate expansion. Headquartered in Florida, Asembia provides commercialization services for the specialty pharmaceutical industry, serving pharmaceutical manufacturers, pharmacies, prescribers and patients. Its offerings include patient support hub services, specialty distribution, data services, pharmacy software and group purchasing organization (GPO) solutions.
BofA Securities served as financial advisor to Asembia, while McDermott Will & Schulte acted as its legal counsel. Houlihan Lokey advised Peak Rock financially, with Kirkland & Ellis and Bass Berry & Sims serving as legal counsel.