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Custom Health to acquire Evergreen Pharmacy for $3.5M

Seeking Alpha · Jul 22, 2026 12:03 · 1 min read

Hess Midstream signs $100M sponsor unit repurchase — Custom Health to acquire Evergreen Pharmacy for $3.5M

Custom Health (CHLT:CA) signed a binding letter of intent to acquire Evergreen Pharmacy for $3.5M. Evergreen is a specialty pharmacy focused on high-touch care for patients with complex therapies and operates in Wisconsin, with licenses in Illinois and Michigan. The purchase price includes at least $1M in prescription drug inventory and $450,000 in...

Custom Health (CHLT:CA) signed a binding letter of intent to acquire Evergreen Pharmacy for $3.5M.
Evergreen is a specialty pharmacy focused on high-touch care for patients with complex therapies and operates in Wisconsin, with licenses in Illinois and Michigan.
The purchase price includes at least $1M in prescription drug inventory and $450,000 in net working capital, with a $175,000 indemnity holdback.
Evergreen generated $78.8M in revenue and US$600,504 in normalized EBITDA in FY2025, and $19.6M in revenue and $150,504 in normalized EBITDA in Q1 2026.
Evergreen reported positive net income in both FY2025 and Q1 2026.
Custom Health expects the acquisition to increase revenue and profitability, expand its U.S. Midwest presence, and strengthen its specialty pharmacy and clinical services platform.
The transaction is expected to close in Q3 2026.

More on Custom Health Holdings Inc.

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