PE Firm Nautic Buys Mental Health Pharmacy QoL Meds

Law360, New York (December 6, 2013, 4:55 PM EST) -- Private equity firm Nautic Partners LLC has acquired mental health-focused pharmacy QoL meds LLC, partnering with QoL's management to close the deal, the companies announced Friday.

Nautic, which has $2.5 billion under management, said it is eager to enter a continually growing health care market by acquiring a nationwide company. QoL grew from two locations to 87 in the past five years, according to the pharmacy. Financial terms of the deal were not disclosed.

"QoL's business model and approach to the delivery of care appropriately balances...
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