Mini Pharmacy sells to PE firm

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Wednesday, June 12, 2019

LOS ANGELES – Mini Pharmacy, a pharmacy specializing in providing diabetic supplies primarily to the California market, is now owned by Angeles Equity Partners. Mini was founded in 1980 and has been led by the Fox family. In conjunction with the transaction, Angeles will be installing a new executive team with pharmacy industry expertise “to drive a robust program of systems investment and operational modernization.” Richard Fox, however, will continue to lead Mini’s commercial activities as vice president of sales. Based in Los Angeles, Mini offers diabetic supplies, continuous glucose monitors, general prescriptions, nutritional formulas and DME. Financial terms of the transaction were not disclosed.