In light of the rapidly changing coronavirus (COVID-19) situation, Troutman Sanders and Pepper Hamilton have postponed the effective date of their previously announced merger until July 1, 2020. The new firm – Troutman Pepper – will feature 1,100+ attorneys across 23 U.S. offices. Read more.
Sheridan Capital Partners announced its investment in Tarrytown Expocare, a closed-door long-term care pharmacy focused exclusively on individuals with intellectual and developmental disabilities (IDD). Sheridan invested alongside Tarrytown’s founder and management team, who have retained a meaningful ownership stake in the business.
Tarrytown, founded in 2013 and headquartered in Austin, TX, is a national leader and innovator in the IDD pharmacy segment. The company has longstanding relationships with IDD group home providers and delivers services to over 1,900 group homes. The partnership will allow the company to continue building a robust infrastructure and accelerate national expansion.
Pepper Hamilton LLP served as regulatory counsel to Tarrytown. The Pepper team was led by partners John W. Jones, Jr., Solomon Hunter, Jr., Sharon R. Klein and John J. McGrath, III and included partner Alex C. Nisenbaum; of counsel James A. Saling; associates Brian Wong, Erica S. Youngerman, Kevin R. Miserez, Taylor Jon Torrence and LaVelle S. King; and law clerk Cameron B. Buttermore.
Financial terms of the transaction were not disclosed.