Guardian Pharmacy Services Inc. Expands with Acquisition of Mercury Pharmacy Services

Guardian Pharmacy Services, Inc. (NYSE: GRDN), a leading provider of pharmacy services for long-term care facilities, has announced the acquisition of Mercury Pharmacy Services, a prominent long-term care (LTC) pharmacy based in Mountlake Terrace, Washington. This strategic move marks Guardian’s first pharmacy location in Washington and is one of its larger recent single-pharmacy acquisitions.

The acquisition is part of Guardian’s ongoing efforts to expand its footprint into the Pacific Northwest, a region experiencing growing demand for LTC pharmacy services. The new location will cater to residents in assisted living, skilled nursing, and behavioral health communities, as well as individuals with intellectual and developmental disabilities.

Mercury Pharmacy Services, founded in 2001, is one of the largest LTC pharmacy service providers in the Seattle-Tacoma area. It serves a wide range of residents and long-term care communities across Washington and adjoining areas. Following the acquisition, all existing leadership and staff at Mercury Pharmacy Services will remain in place, continuing operations under the same name.

This acquisition aligns with Guardian’s mission to enhance medication management and clinical outcomes for residents of long-term care facilities through its technology-enabled services. Guardian’s suite of services, including GuardianShield and the Guardian Compass platform, aims to improve efficiencies and support both residents and their caregivers.

Financially, Guardian Pharmacy Services Inc. is listed on the New York Stock Exchange with a market capitalization of $1.43 billion. As of May 29, 2025, the company’s close price was $21.17, with a 52-week high of $26.91 and a low of $14.16. The company’s price-to-earnings ratio stands at -13.6, reflecting its current financial performance.

This acquisition is expected to bolster Guardian’s position in the consumer staples sector, particularly within the pharmacy services niche, as it continues to expand its national presence and enhance its service offerings.