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Guardian Pharmacy Services Expands Midwest Long-Term Care Footprint with Wichita, Kansas Pharmacy Acquisition

1. GRDN acquired Senior Care Pharmacy in Wichita, boosting Kansas operations. 2. This expansion enhances service delivery across long-term care communities. 3. Local management model will benefit pharmacy operations and customer service. 4. GRDN now operates two Kansas pharmacies, supporting LTC communities' needs. 5. The acquisition aligns with GRDN's growth strategy and regional success.

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FAQ

Why Bullish?

The acquisition signals growth and market expansion potential, mirroring past successful acquisitions. Historical examples show value increases after similar strategic expansions.

How important is it?

The acquisition is a significant development, potentially enhancing GRDN's market share and operational efficiency in a crucial sector.

Why Long Term?

The long-term integration of services and market reach may lead to sustained revenue growth, similar to GRDN's past expansions after acquisitions.

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ATLANTA--(BUSINESS WIRE)--Guardian Pharmacy Services, Inc. (NYSE: GRDN), one of the nation’s largest and most innovative long-term care (LTC) pharmacy services companies, today announced the acquisition of Senior Care Pharmacy in Wichita, Kan. The acquisition expands Guardian’s operations into south central and southwest Kansas, strengthening its overall presence across the state and enabling it to bring its high-quality pharmacy services to residents in assisted living, skilled nursing and behavioral health communities, as well as individuals with intellectual and developmental disabilities in these newly served areas."This acquisition marks another important milestone in our growth strategy and reflects the success Michael Counts and his team have achieved in the Midwest," said Fred Burke, president and CEO of Guardian Pharmacy Services.Share With the addition of the Wichita location, Guardian now operates two pharmacies in Kansas – Kansas City and Wichita – enhancing its ability to support LTC communities across the state. Pharmacist Michael Counts, president of Guardian’s Kansas City pharmacy, will also lead the Wichita location. Senior Care Pharmacy will continue operating under its existing name, with its local leadership team and entire staff. “This acquisition marks another important milestone in our growth strategy and reflects the success Michael Counts and his team have achieved in the Midwest,” said Fred Burke, president and CEO of Guardian Pharmacy Services. “By combining their expertise and resources with the strength of the local Wichita team, we’re ensuring more residents in LTC communities across Kansas receive the high-quality, personalized care that is the Guardian difference.” As a member of the Guardian Pharmacy Services family, Senior Care Pharmacy will benefit from the company’s local management business model, which enables the local pharmacy teams to focus on customer service and the specialized needs of the communities and residents they serve, while Guardian’s centralized Corporate Support Team assists with the many complex behind-the-scenes business functions, including data analytics, HR, IT, payor relations, national sales and more. Founded in 2004, Guardian Pharmacy Services has expanded from a single location to 52 pharmacies serving 38 states. This growth has been fueled by a balanced strategy of organic expansion, greenfield startups, and acquisitions, supporting the company’s success in a rapidly evolving market. For more information, visit www.guardianpharmacy.com. About Guardian Pharmacy Services Guardian Pharmacy Services is a leading long-term care pharmacy services company that provides an extensive suite of technology-enabled services designed to help residents of long-term health care facilities (“LTCFs”) adhere to their appropriate drug regimen, which in turn helps reduce the cost of care and improve clinical outcomes. As of March 31, 2025, our 51 pharmacies served approximately 189,000 residents in approximately 7,000 LTCFs across 38 states. More News From Guardian Pharmacy Services, Inc.

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