About the Deal
THE PET APOTHECARY LLC, located in Milwaukee, Wisconsin, is a specialized compounding pharmacy focused exclusively on animal medications. Over nearly two decades, the Company has developed specific expertise in sourcing and compounding custom dosages, formulations, and flavorings for hundreds of animal species. With over 50,000 prescriptions filled per year, customers include individual pet owners, veterinary hospitals, county zoos, universities, and humane societies.
OPTIO RX LLC, based in Nashville, TN, owns and operates specialty compounding pharmacies and home infusion providers licensed across the United States. Optio Rx specializes in providing medication and care in the fertility, veterinary, hemophilia, and hormone replacement therapy markets.
COLD BORE CAPITAL is a veteran-led private equity firm that partners with exceptional business owners to facilitate a transition of leadership to elite military veterans such as Navy SEALs, Delta Force, Green Berets, and Army Rangers. Cold Bore’s model enables business owners to maintain an equity stake, shape the post-transaction trajectory of the business during a gradual transition period, and then serve on the board of directors.
BRIDGEWOOD ADVISORS initiated this transaction, assisted in negotiations and acted as exclusive financial advisor to The Pet Apothecary LLC.