Now Owns and Operates 30 Stores Across Southeast
LITTLE ROCK, Ark. (Dec. 7, 2020) –Express Rx today announced it has acquired seven Arkansas AllCare Pharmacy locations. In partnership with MHR Fund Management, the Southeastern regional pharmacy chain has now grown to include 30 stores and 305 employees across eight states.
“Since it was established, Express Rx has remained committed to enhancing access to high-quality healthcare services in the Heartland,” said Galen Perkins, Express Rx CEO. “This acquisition will allow us to further expand offerings to customers throughout rural Arkansas.”
Following the closing today, Dec. 7, Express Rx will rebrand and assume operations of AllCare locations in:
• Heber Springs (600 W. Main St.)
• Hope (717 S. Main St.)
• Hot Springs (105 Sawtooth Oak St.)
• Paris (508 E. Walnut St.)
• Pine Bluff (3006 W. 28th Ave.)
• Prescott (1430 W. 1st St. N.)
• Trumann (329 Highway 463 N.)
About Express Rx
Proudly based in Little Rock, Arkansas, Express Rx combines care, compassion and professionalism to give customers the most comprehensive and personal pharmacy experience possible. Since it opened its first location in 2013, Express Rx has expanded to 30 locations across eight Southeastern U.S. states. For additional information, visit expressrx.net.
About MHR Fund Management LLC
Founded in 1996, MHR Fund Management LLC (“MHR”) is a New York-based investment firm that takes a private equity approach to investing, including pursuing opportunities to invest in companies in various stages of development. MHR and its affiliated funds manage approximately $5 billion of assets and have holdings in public and private companies in a variety of industries. For additional information, visit mhrfund.com.