McKesson Acquires Medical Specialties For $800 Million

Medical distribution and health care information technology company McKesson Corporation (MCK) recently completed its acquisition of Medical Specialties Distributors (MSD). The price tag for the purchase of the post-acute service solutions provider was $800 million.

The deal was known to be in the works since the announcement that New Mountain Capital had agreed to sell MSD to MCK. MSD’s worth grew approximately three times in value under the ownership of New Mountain Capital. For MCK, the acquisition should help it to achieve its recently announced multi-year strategic growth initiative, which seeks to provide enhanced solutions for the . . .