Birch Hill buys Rexall Pharmacy Group
Birch Hill Equity Partners has signed a definitive agreement with McKesson Corporation to acquire pharmacy retailer Rexall Pharmacy Group and e-commerce retailer Well.ca.
Birch Hill is a Canadian mid-market private equity firm based in Toronto, which currently has $5 billion in capital under management.
According to the equity firm, “there is tremendous opportunity to strengthen the role Rexall plays in the healthcare landscape, providing more services to Canadians from more locations, including pharmacy primary care to address critical healthcare needs.”
The transaction is subject to necessary regulatory clearances.
Rexall operates 385 pharmacies across Canada with approximately 8,000 employees, while Well.ca offers 40,000 products for health, beauty, baby, home, and green and natural.
This summer, Rexall named SkipTheDishes as a retail partner, with 245 of Rexall’s locations available across the Skip network.
Muck Rack buys Keyhole
PR and comms management software company Muck Rack has purchased social listening and analytics platform, Keyhole, marking the company’s first acquisition.
Muck Rack’s software supports PR professionals, combining media database, pitching, monitoring and reporting to generate press coverage, protect brand reputation and boost PR performance. Muck Rack will begin to integrate Keyhole tools into its platform immediately.
The integration will enable customers to monitor direct and indirect brand mentions, hashtags, influencers and keywords across social media. Keyhole’s monitoring complements Muck Rack’s own global media monitoring, which includes more than 600,000 news sources and more than 3.5 million articles daily.
“By integrating Keyhole’s technology, we’ll be able to build social listening tools specifically for the PR and communications user, providing them with insights that can help them spot a potential crisis, inform earned media strategy and analyze key social media KPIs,” says Gregory Galant, cofounder and CEO of Muck Rack.
