Neighbourly Pharmacy Inc. (Neighbourly), a network of independent pharmacies in Canada, announced the acquisition of 33 additional pharmacies, bringing its national footprint to 325 pharmacies, strengthening its presence across multiple provinces, and expanding access to essential community health care. Financial terms were not disclosed.

"This milestone underscores the accelerating momentum of our proven acquisition strategy, and our unique positioning as the acquirer of choice for independent pharmacies," said Skip Bourdo, chief executive officer of Neighbourly.

Neighbourly's network of community pharmacies is united by its consumer-first focus as essential, trusted health care hubs that provide accessible health care with . . .

Want To Read More? Log In Or Become A Free Member
Resource Available For All OPEN MINDS Circle Members
If you are already a member, log in to your account to access this resource and more.

You can become a free member and get access now. Learn more about the OPEN MINDS Circle Market Intelligence Service Membership. Reach out to our team at info@openminds.com, or call us at 877-350-6463.

A Paid OPEN MINDS Circle Membership provides unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!

Mergers & Acquisitions

2020 and 2021 saw record numbers of mergers, acquisitions, affiliations, and partnerships and this raises the strategic question for any executive team of a specialty provider organization, do they have market positioning for a sustainable future and can they address that issue with changes in scale. Almost every executive team is considering collaborations to keep their competitive advantage. It’s imperative to find out if those collaborations were successful in improving competitive advantage, as well as the “tricks of the trade” in making collaboration work.


On February 4, 2025, Rogers Behavioral Health, which provides inpatient and residential behavioral health treatment in Wisconsin, and Lyra Health, which provides a digital behavioral health platform, announced a strategic alliance to improve the full continuum of care for individuals with mental health needs. The goal is to jointly develop shared clinical models, conduct and participate in clinical research, and develop technology tools that enhance consumer outcomes to reduce costs associated with high readmission rates.… Read