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Canada  + Ontario  + Retail  | 
Neighbourly Pharmacy sign.

Neighbourly Acquires 33 Pharmacies Across Canada 

Neighbourly Pharmacy has acquired 33 locations across Canada through multiple transactions, the company announced Monday.

The purchases expand the Toronto-based chain’s national footprint to 325 locations.

“This milestone underscores the accelerating momentum of our proven acquisition strategy, and our unique positioning as the acquirer of choice for independent pharmacies,” said Skip Bourdo, CEO of of Neighbourly.

The acquisitions include locations in several remote and northern communities.

“Our capabilities across the acquisition lifecycle – from sourcing to post-closing integration and optimization – uniquely position us as Canada’s largest and fastest-growing network of independent pharmacies,” said Bourdo.

Image: Neighbourly

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Persistence Capital PartnersNeighbourly Pharmacy

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

  • ◦Sale/Acquisition
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