SDS Rx, backed by HCI Equity Partners, has purchased Mission Critical Delivery Solutions. SDS is a supply chain services provider that focuses on the last mile healthcare market while specializing in the movement of pharmaceuticals; Mission represents SDS’ second acquisition since HCI’s investment.
Mission Critical is a non-asset based logistics management company transporting pharmaceutics from long-term care pharmacies to patients. The deal will expand the SDS service to existing customers in new geographies.
“Mission Critical has a strong history of success and will substantially increase our presence in the long-term care pharmacy market,” stated Drew Kronick, CEO of SDS Rx.
“With the acquisition of Mission Critical, SDS Rx is now the leading pure play logistics provider to the long-term care pharmacy industry,” added HCI managing partner, Doug McCormick.
Jones Day served as legal counsel to SDS Rx.