
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 Wellness Concepts, an LTC pharmacy

<p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fguardianpharmacy.com%2F&amp;esheet=54563625&amp;newsitemid=20260701609407&amp;lan=en-US&amp;anchor=Guardian+Pharmacy+Services%2C+Inc.&amp;index=1&amp;md5=96a2159332682444440418e98ffc9a9c" shape="rect">Guardian Pharmacy Services, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GRDN">GRDN</a>), one of the nation’s largest and most innovative long-term care (LTC) pharmacy services companies, today announced the acquisition of Wellness Concepts, an LTC pharmacy based in Grottoes, Va. This addition expands Guardian’s footprint in Virginia to three pharmacies in Gainesville (Northern Virginia), Wytheville (Southwest Virginia), and Grottoes (Central Virginia), strengthening its ability to support the growing demand for LTC pharmacy services across the state.

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Founded in 1999, Wellness Concepts has a strong reputation throughout the Shenandoah Valley region for providing high-quality pharmacy services to residents in assisted living, skilled nursing, and behavioral health communities, as well as individuals with intellectual and developmental disabilities. President Brent Atwell, a second-generation pharmacist, will continue to lead the pharmacy, which will retain its existing leadership and staff, many of whom have been with the company for more than 15 years.

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"Since its founding, Wellness Concepts has earned the trust of communities throughout the Shenandoah Valley through exceptional service, strong customer relationships, and a deeply experienced local staff," said Marybeth Terry, Senior Vice President of the East Region at Guardian Pharmacy Services. "Welcoming Brent and his team strengthens our presence in Virginia and enhances the expertise and dependable, high-touch support we provide throughout the region.&#34;

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As with Guardian’s other acquisitions, this pharmacy will benefit from the company’s unique business model, which combines local pharmacy leadership and decision-making with centralized corporate support. This allows the local team to remain focused on customer service and the specialized needs of the communities and residents they serve, while Guardian’s Corporate Support Team assists with complex behind-the-scenes business functions, including data analytics, HR, IT, payor relations, national sales and more.

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"What mattered most to me was finding the right partner who shared our values and could help us grow while keeping the team that built this pharmacy in place,&#34; said Atwell of Wellness Concepts. &#34;Guardian gives us the ability to focus on the local customer relationships we’ve developed over the last 27 years, backed by the clinical resources, operational support, and technology of a national LTC pharmacy organization. For our customers and team, it&#39;s the best of both worlds.&#34;

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<b xmlns="http://www.w3.org/1999/xhtml">About Guardian Pharmacy Services</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Guardian Pharmacy Services is one of the nation’s leading long-term care pharmacy services companies. Through its locally‑based business model, Guardian partners with long-term care facilities ("LTCFs") to deliver medications and a comprehensive suite of technology-enabled services designed to enhance care and improve adherence to drug regimens, helping to reduce the cost of care and improve clinical outcomes. With a growing network of more than 61 licensed pharmacies, 54 of which are full-service, Guardian is dedicated to providing exceptional service to approximately 207,000 residents (as of March 31, 2026).

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Forward-Looking Statements

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains forward-looking statements, including statements regarding anticipated growth, future hiring, and expanded service offerings. These statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, including those described in Guardian’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission from time to time, and which are publicly available at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54563625&amp;newsitemid=20260701609407&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=f6b544f71cab81655bb7c979eb54f2a6" shape="rect">www.sec.gov</a> and via our website, investors.guardianpharmacy.com. Actual results may differ materially from those expressed or implied in these statements. Guardian Pharmacy Services undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260701609407r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260701609407/en/" rel="nofollow">https://www.businesswire.com/news/home/20260701609407/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Andrew Agan, Cookerly PR
<br xmlns="http://www.w3.org/1999/xhtml"></br>404-816-2037
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:andrew@cookerly.com" shape="rect">andrew@cookerly.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investor Contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Ashley Stockton
<br xmlns="http://www.w3.org/1999/xhtml"></br>Vice President, Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@guardianpharmacy.net" shape="rect">ir@guardianpharmacy.net</a>

</p>

GRDN

Guardian Pharmacy Services Expands Virginia Footprint With Acquisition of Wellness Concepts

Guardian expands Virginia LTC footprint with Wellness Concepts acquisition

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>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 Wellness Concepts, an LTC pharmacy</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Guardian Pharmacy Services announced the acquisition of Wellness Concepts, expanding its Virginia LTC footprint to Gainesville, Wytheville, and Grottoes. The private practice’s leadership will remain, aligning with Guardian’s local-first model supported by centralized data analytics and HR resources. The deal enhances Guardian’s capacity to serve assisted living, skilled nursing, and behavioral health communities in Virginia.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Guardian acquires Wellness Concepts, expanding Virginia LTC footprint.</li><li>Virginia presence grows to Gainesville, Wytheville, and Grottoes; leadership stays.</li><li>Wellness Concepts founded 1999; Brent Atwell remains as lead.</li><li>Forward-looking statements and SEC disclosures accompany the press release.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Guardian Pharmacy Services, Inc. (GRDN)</strong>: Announces acquisition; expands LTC network; stated as a leading LTC provider with local-focused model.</li><li><strong>Wellness Concepts (N/A)</strong>: Private LTC pharmacy; acquisition expands Guardian’s Virginia coverage; leadership retention expected.</li></ul>
  </section>

  <section data-block="category">
    <h3>M&amp;A</h3>
    <p>Category: M&amp;A. The release details a strategic acquisition expanding a national LTC pharmacy network, likely supporting growth in revenue opportunities and regional service capabilities as integration proceeds.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Acquisition expands Guardian&#039;s Virginia footprint to three pharmacies.</li><li>Leadership continuity suggests smoother integration and service continuity.</li><li>No financial terms disclosed; near-term earnings impact is uncertain.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Guardian has more than 61 licensed pharmacies, 54 full-service.</li><li>Guardian serves approximately 207,000 residents (as of March 31, 2026).</li><li>Wellness Concepts is based in Grottoes, VA; acquired July 1, 2026.</li><li>Wellness Concepts founded in 1999; Brent Atwell to continue leading.</li><li>Virginia footprint now includes Gainesville, Wytheville and Grottoes.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish near-term on expansion and growth potential, awaiting integration metrics and terms.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fguardianpharmacy.com%2F&amp;esheet=54563625&amp;newsitemid=20260701609407&amp;lan=en-US&amp;anchor=Guardian+Pharmacy+Services%2C+Inc.&amp;index=1&amp;md5=96a2159332682444440418e98ffc9a9c" shape="rect">Guardian Pharmacy Services, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GRDN">GRDN</a>), one of the nation’s largest and most innovative long-term care (LTC) pharmacy services companies, today announced the acquisition of Wellness Concepts, an LTC pharmacy based in Grottoes, Va. This addition expands Guardian’s footprint in Virginia to three pharmacies in Gainesville (Northern Virginia), Wytheville (Southwest Virginia), and Grottoes (Central Virginia), strengthening its ability to support the growing demand for LTC pharmacy services across the state.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Founded in 1999, Wellness Concepts has a strong reputation throughout the Shenandoah Valley region for providing high-quality pharmacy services to residents in assisted living, skilled nursing, and behavioral health communities, as well as individuals with intellectual and developmental disabilities. President Brent Atwell, a second-generation pharmacist, will continue to lead the pharmacy, which will retain its existing leadership and staff, many of whom have been with the company for more than 15 years.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Since its founding, Wellness Concepts has earned the trust of communities throughout the Shenandoah Valley through exceptional service, strong customer relationships, and a deeply experienced local staff," said Marybeth Terry, Senior Vice President of the East Region at Guardian Pharmacy Services. "Welcoming Brent and his team strengthens our presence in Virginia and enhances the expertise and dependable, high-touch support we provide throughout the region.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
As with Guardian’s other acquisitions, this pharmacy will benefit from the company’s unique business model, which combines local pharmacy leadership and decision-making with centralized corporate support. This allows the local team to remain focused on customer service and the specialized needs of the communities and residents they serve, while Guardian’s Corporate Support Team assists with complex behind-the-scenes business functions, including data analytics, HR, IT, payor relations, national sales and more.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"What mattered most to me was finding the right partner who shared our values and could help us grow while keeping the team that built this pharmacy in place,&#34; said Atwell of Wellness Concepts. &#34;Guardian gives us the ability to focus on the local customer relationships we’ve developed over the last 27 years, backed by the clinical resources, operational support, and technology of a national LTC pharmacy organization. For our customers and team, it&#39;s the best of both worlds.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Guardian Pharmacy Services</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Guardian Pharmacy Services is one of the nation’s leading long-term care pharmacy services companies. Through its locally‑based business model, Guardian partners with long-term care facilities ("LTCFs") to deliver medications and a comprehensive suite of technology-enabled services designed to enhance care and improve adherence to drug regimens, helping to reduce the cost of care and improve clinical outcomes. With a growing network of more than 61 licensed pharmacies, 54 of which are full-service, Guardian is dedicated to providing exceptional service to approximately 207,000 residents (as of March 31, 2026).

</p><p xmlns="http://www.w3.org/1999/xhtml">
Forward-Looking Statements

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains forward-looking statements, including statements regarding anticipated growth, future hiring, and expanded service offerings. These statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, including those described in Guardian’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission from time to time, and which are publicly available at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54563625&amp;newsitemid=20260701609407&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=f6b544f71cab81655bb7c979eb54f2a6" shape="rect">www.sec.gov</a> and via our website, investors.guardianpharmacy.com. Actual results may differ materially from those expressed or implied in these statements. Guardian Pharmacy Services undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260701609407r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260701609407/en/" rel="nofollow">https://www.businesswire.com/news/home/20260701609407/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Andrew Agan, Cookerly PR
<br xmlns="http://www.w3.org/1999/xhtml"></br>404-816-2037
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:andrew@cookerly.com" shape="rect">andrew@cookerly.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investor Contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Ashley Stockton
<br xmlns="http://www.w3.org/1999/xhtml"></br>Vice President, Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@guardianpharmacy.net" shape="rect">ir@guardianpharmacy.net</a>

</p>

Guardian Pharmacy Services announced the acquisition of Wellness Concepts, expanding its Virginia LTC footprint to Gainesville, Wytheville, and Grottoes. The private practice’s leadership will remain, aligning with Guardian’s local-first model supported by centralized data analytics and HR resources. The deal enhances Guardian’s capacity to serve assisted living, skilled nursing, and behavioral health communities in Virginia.

Guardian Pharmacy Services Expands Virginia Footprint With Acquisition of Wellness Concepts

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

M&A

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