| Ticker: AMCI | 184 Shuman Boulevard, Suite 200 | |
| Exchange: NASDAQ-National Market | Naperville, Illinois 60563 | |
| Industry: Wholesale | (630) 717-2904 |
| Type of Shares: | Class A Common Shares | Filing Date: | 9/10/96 | |
| U.S. Shares: | 5,357,000 | Offer Date: | 11/13/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 5,357,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.05 | |
| Offering Amount: | $74,998,000 | Selling: | $0.58 | |
| Expenses: | $1,500,000 | Reallowance: | $0.10 | |
| Shares Out After: | 11,574,275 |
| Manager | Tier | Phone |
| William Blair & Company | Lead Manager | (312) 236-1600 |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 504-4525 |
| Equitable Securities Corporation | Co-manager | (615) 780-9300 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $44.05 | $32.36 | $16.70 | Assets: | $61.83 |
| Net Income: | $0.41 | $0.35 | $0.11 | Liabilities: | $38.99 |
| EPS: | $0.09 | $0.07 | $0.02 | Equity: | $22.84 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| American Medserve Corporation is a leading independent provider of pharmacy services to long-term care institutions, including skilled nursing facilities, assisted living facilities and other long-term health care settings. The company purchases, repackages and dispenses pharmaceuticals to patients or residents in its client facilities and provides such facilities with related consultant pharmacist and information services, including formulary management, automated medical record-keeping, drug therapy evaluation and assistance with regulatory compliance. The company also provides infusion therapy, parental and internal nutrition therapy, inhalation and respiratory therapy and wound care management services, as well as medical supplies and devices. As of August 15, 1996, AMC provided pharmacy services to approximately 39,300 residents at over 500 facilities located in Colorado, Illinois, Louisiana, Minnesota, Nebraska, New York, Pennsylvania and Virginia. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to reduce indebtedness; to fund a one-time mandatory preferential distribution to the company's principal stockholder; to fund a payment to an affiliate of the company's principal stockholder; to make an additional investment in Good Samaritan Supply; and for other general corporate purposes, including possible future acquisitions. |
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