Covington Associates

Covington Associates Announces Advisory Role in the Sale of Formedix to Certara

December 8, 2018 03:59 AM  |   Covington Associates

Covington Associates Announces Advisory Role in the Sale of AllCare Plus Pharmacy to CVS

December 2018 (Boston, MA) – Covington Associates, a leading middle market investment bank announced its role as financial advisor to AllCare Plus Pharmacy (“AllCare”) in the sale of AllCare’s specialty pharmacy to CVS.

About Covington Associates

Covington Associates is an investment banking firm offering advisory services in the areas of mergers and acquisitions (“M&A”), capital raising, strategic advisory, fairness opinions, and valuations to middle-market companies across the Healthcare, Business Services, Consumer & Industrial, and Technology verticals.  Founded in 1991, with offices in Boston, the vision for Covington has been to provide clients with the highest caliber of senior-level attention and to remain an advice driven and results focused organization.  Since its inception, Covington Associates has completed more than 200 transactions globally for both private and publicly traded companies totaling over $15 billion. Further information about Covington Associated can be found at

About AllCare Plus Pharmacy

AllCare Plus Pharmacy is a premier URAC, ACHC and JCAHO accredited specialty pharmacy located in Northborough, MA, and provides a full range of pharmacy services. The company operates three distinct divisions: specialty pharmacy dispensing, manufacturer patient services programs, and health system specialty pharmacy support services & management. AllCare combines caring, personalized service with exceptional clinical knowledge and innovative compliance programs. AllCare makes the treatment of difficult diseases as simple, safe, and effective as possible. Learn more at

About CVS Health Corp.

Headquartered in Woonsocket, Rhode Island, CVS Health is a one-of-a-kind health care Company that helps patients get the care they need through the channel that works best for them. CVS Health’s extensive suite of assets positions to play an important role in solving the cost, quality, and access issues in the evolving health care landscape. Continue to learn more about CVS Health Corp. at