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AcquisitionHealthcare · Canada

Pharmasmart Online

Senior secured acquisition financing supporting a sponsor-led buyout in the healthcare technology sector.

Use of Funds
Acquisition financing, growth capex, and refinancing
Structure
Senior secured term debt (multi-tranche)
The Story

FirePower provided senior secured acquisition financing alongside CPS Capital, a Toronto-based private equity firm, to support the buyout of Pharma-Smart International, a North American manufacturer and lessor of clinically-validated blood pressure and health-tracking kiosks deployed across major pharmacy and retail chains. The facility funded growth capex tied to a new long-term contract with Canada's largest pharmacy retailer, alongside a refinancing of existing debt. FirePower split funding and economics with Nicola Wealth Partners.

AcquisitionSponsor-backedHealthcare

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