Generational Equity Announces the Acquisition of Wagey Drug Company, Inc. by Kohll's Pharmacy

DALLAS, March 10, 2015 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Wagey Drug Company (Wagey), headquartered in Lincoln, Nebraska, by Kohll's Pharmacy (Kohll's) headquartered in Omaha, Nebraska. The acquisition closed on February 11, 2015.

(Wagey) is an independent, service-oriented retail community pharmacy. In addition to filing prescription orders, the Company specializes in providing prescription packaging for independent living individuals, and supplying small durable medical equipment (DME). Additional services unique to the pharmacy include in house charge accounts, and free prescription delivery to the door or by mail.

Managing Director Terry Mackin led the Generational Equity deal team that advised Wagey on the transaction.  "Our client had a personal desire to find a buyer that would keep the pharmacy running and the Wagey legacy in Lincoln going for years to come.  With Kohll's and their dedication to independent neighborhood locations we were able to accomplish that goal," stated Mackin.

Kohll's is a multi-dimensional healthcare operation with nine locations throughout Nebraska and Iowa. The Company has been in business for over 60 years providing pharmacy and home healthcare products. To learn more, visit www.Kohll's.com.

About Generational Equity

Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and  deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business.  Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.

For more information:
Jessica Mead
972-232-1100
[email protected]

SOURCE Generational Equity

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