Acquiring Company
NextPlat
Acquired Company
Profitable Pharmacy
Coconut GrovePensacolaCommerce and ShoppingHardwareE CommerceHealth CareMedicalDescription
NextPlat has completed its strategic acquisition of an independent pharmacy near Pensacola, Florida, for $1,485,439. This acquisition aims to enhance NextPlat's pharmacy services and access in the underserved market. The pharmacy is profitable and expected to significantly contribute to NextPlat's healthcare growth. CEO David Phipps highlighted plans to integrate and enhance the pharmacy's offerings.
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Who acquired Profitable Pharmacy?
Profitable Pharmacy was acquired by NextPlat, based in Coconut Grove. The deal was reported on October 6, 2026. NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and markets for physical and digital assets. NextPlat is publicly traded (NXPL) and operates in Commerce and Shopping.
When did NextPlat acquire Profitable Pharmacy?
NextPlat's acquisition of Profitable Pharmacy was reported on October 6, 2026. NextPlat has completed its strategic acquisition of an independent pharmacy near Pensacola, Florida, for $1,485,439. This acquisition aims to enhance NextPlat's pharmacy services and access in the underserved market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Profitable Pharmacy do?
The Profitable Pharmacy is an independent pharmacy serving a rural community near Pensacola, Florida. It has generated approximately $5.6 million in sales for the year ended December 31, 2025, and is known for its profitability and debt-free balance sheet. It is privately held, operating in Health Care, and is based in Pensacola.
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