​TorQuest acquired Rubicon. Rubicon Pharmacies Canada Inc. ("Rubicon") owns and operates 67 pharmacies across Alberta, Saskatchewan and Manitoba, primarily located in rural towns and neighborhood communities of larger urban centers. Rubicon operates its pharmacies under a number of different independent retail banners.​

TorQuest Partners is a Canadian based manager of private equity funds and is currently investing from TorQuest Partners Fund IV, a $925 million fund.

Capital West Partners acted as exclusive financial advisor to Rubicon on this transaction.