Cressey & Company LP Announces Sale of Continuing Care Rx, Inc.

September 1, 2010

CHICAGO, IL – September 1, 2010 – Cressey & Company LP, a leading private equity investment firm focused on building healthcare services businesses, today announced it has successfully sold Continuing Care Rx, Inc. to Omnicare, Inc (NYSE: OCR), the largest provider of institutional pharmacy services serving long-term care facilities throughout the United States.

Founded in 1996, Continuing Care Rx is a leading provider of comprehensive pharmacy services to residents in skilled nursing facilities, assisted living facilities and other long-term care facilities throughout Florida, Illinois, Maryland, New Hampshire, New York, North Carolina, Pennsylvania and Virginia. At the time of the sale, Continuing Care Rx served approximately 32,000 licensed long-term beds and an additional 11,000 beds at correctional facilities.