BelHealth Investment Partners, a private equity firm which targets companies in the healthcare sector, completed its acquisition of specialty pharmacy services provider Linden Care. Both BelHealth Investment Partners and Linden Care are headquartered in New York.
Linden Care provides differentiated practices and "specialty" services to patients, pharma firms, phyisicians and professional sports teams. The company planned to extend its reach towards the Northeast market, ultimately making them the United States' number one pain management provider.
Founder and chief operating officer of Linden Care Mark Bortnick said, "BelHealth is the perfect partner to accelerate Linden Care's growth from a regional company to a national platform."
He mentioned the company's experience as investors and operators specifically in the field of pharmacy. This expertise makes the partnership of the two especially exciting, he said.
BelHealth's managing partner Harold S. Blue said, "We anticipate replicating Linden Care's successful strategy in three to four regions beyond the Northeast and becoming the national leader in the pain management pharmacy space."
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