Envision Pharmaceutical Announces Sale To TPG

Law360, New York (July 8, 2013, 5:26 PM EDT) -- Pharmacy benefit management company Envision Pharmaceutical Holdings Inc. on Monday announced that it has been acquired by private equity firm TPG Capital for an undisclosed amount, but Envision’s leadership will remain in power.

All parties are mum on the purchase price, but a joint statement released Monday said senior Envision executives will “take a significant minority stake in the company,” as part of the transaction. Envision founders James Mindala, Kevin Nagle and Barry Katz will stay at the helm, the company announced, and sit on its...
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