About Centric Health
Centric Health is a Healthcare company based in Canada founded in 2001, and was acquired by Audax Group in November 2015. Specialized healthcare services in surgery, orthotics, and pharmacy are provided. It operates in the Healthcare and Business Services sectors. Centric Health has raised $7.67 million across 6 funding rounds from investors including Yorkville Asset Management, Ewing Morris & Co. Investment Partners and Audax Group. The company has 174 employees. Centric Health has completed 3 acquisitions, including Lifemark, Remedy's and Remedy'sRx Specialty Pharmacy. Its focus areas include HealthTech, Assistive Tech, Tech Enabled Services and Healthcare Services. Its legal entity is Alegro Health Corp.
Company details
Centric Health provides care programs and services and specializes in surgical and diagnostics, surgical weight loss, cosmetic surgery, orthotics, primary care, and pharmacy services. Key services include Orthotics, Pharmacy and Surgical centers. Centric Healths Performance Medical Group (PMG) uses computerized gait analysis technology to diagnose lower limb problems and conditions. Clinical assessments take 25-30 minutes and are complementary with no obligations. Based on the results from the biomechanical assessment and the needs of the client, clinicians provide education on any biomechanical concerns and, if necessary, fit them with a custom orthotic unique to their needs. Centric Health Pharmacies provide traditional pharmacy services such as compounding and dispensing medications, as well as innovative clinical and specialty services for Long Term Care and Retirement Communities and Addiction Management. Centric Health Surgical Centres are multi-disciplinary medical centres, and provide a comprehensive variety of services for patients as well as for employers.
- Headquarters Canada
- Employees 174
- Stage Acquired
- SectorsHealthcareBusiness Services
- Email••••••••
- Website centrichealth.ca
- Social LinkedIn X
- Acquired by Audax Group (Nov 2015)
- Legal Name Alegro Health Corp.
- Total Equity Funding$7.67M (USD)
in 6 rounds
- Latest Funding Round$11.5M (USD), Post-IPO
May 2020
- InvestorsYorkville Asset Management
& 2 more
- Employee Count174
- Investments & AcquisitionsLifemark
& 2 more
- Acquired byAudax Group
(Nov 2015)
Funding Insights of Centric Health
Centric Health has successfully raised a total of $7.67M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $11.5 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.67M
- Total Rounds 6
- Last Round Post-IPO — $11.5M
- First Round $1.5M
(Aug 2004)
- Investors Count 2
All 6 funding rounds of Centric Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2020 | $11.5M | Post-IPO | – | – | – |
| Nov 2019 | $32.74M | Post-IPO | – | – | |
| Sep 2019 | $26.6M | Post-IPO | – | – | |
| Mar 2019 | $12M | Post-IPO | – | – | – |
| May 2009 | $6.17M | Series A | – | – | – |
| Aug 2004 | $1.5M | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Centric Health
Centric Health has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Yorkville Asset Management, Ewing Morris & Co. Investment Partners and Audax Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Ewing Morris & Co. is recognized as a Canadian boutique investment firm. | 2011 | ewingmorris.com | Canada | |
Offers wealth management, portfolio management, and advisory services to high net worth clients. | 2010 | yorkvilleasset.com | Toronto, Canada | |
Audax Group is focused on supporting middle market companies. | 1999 | audaxgroup.com | Boston, United States |
Investor details for Centric Health
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Centric Health
3 people are tracked at Centric Health (2 in leadership, 1 in team); the tracked headcount is 174.
| Name | Role | Group |
|---|---|---|
jolanta Slusarski | CEO | Leadership |
Patricia Smalling | Physiotherapy Department Head; Consultant to Centric Health at Shalom Village | Leadership |
Deborah Dimauro | Regional Manager, Corporate Relations Manager | Team |
Complete people profiles for Centric Health
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Centric Health
Centric Health has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Lifemark, Remedy's and Remedy'sRx Specialty Pharmacy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Chain of pharmacies | remedys.ca | Markham, Canada | 2006 | Mar 2020 | $31M | |
Provider of specialty pharmacy services to seniors | remedysrxsp.ca | Markham, Canada | 1950 | Mar 2020 | $31M | |
Multidisciplinary rehabilitation services are provided across various therapies. | lifemark.ca | Toronto, Canada | 1996 | Jun 2011 | $215M |
Complete acquisition details for Centric Health
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Centric Health
7 dated milestones of Centric Health across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Centric Health is founded.
- Funding First funding round of $1.5M.
- Acquisition Acquires Lifemark.
- Exit Acquired by Audax Group.
- Acquisition Acquires Remedy's.
- Acquisition Acquires Remedy'sRx Specialty Pharmacy.
- Funding Latest funding round, Post-IPO, of $11.5M.
Web traffic of Centric Health
Websites that share an audience with Centric Health (centrichealth.ca).
Websites whose visitors overlap most with Centric Health. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pthealth.ca | 100% | #891,575 | View details | ||
centric.nl | centric.nl | 78% | – | ||
| lifemark.ca | 77% | 336.1K | #122,386 | View details | |
ca.indeed.com | ca.indeed.com | 29% | – | ||
centrichealthresources.com | centrichealthresources.com | 21% | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Centric Health
Complete news archive for Centric Health
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Centric Health
Centric Health was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Centric Health is headquartered in Canada.
Centric Health is a funded company, having raised a total of $7.67M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Aug 2004.
Centric Health has 174 employees.
Centric Health provides care programs and services and specializes in surgical and diagnostics, surgical weight loss, cosmetic surgery, orthotics, primary care, and pharmacy services. Key services include Orthotics, Pharmacy and Surgical centers. Centric Healths Performance Medical Group (PMG) uses computerized gait analysis technology to diagnose lower limb problems and conditions. Clinical assessments take 25-30 minutes and are complementary with no obligations. Based on the results from the biomechanical assessment and the needs of the client, clinicians provide education on any biomechanical concerns and, if necessary, fit them with a custom orthotic unique to their needs. Centric Health Pharmacies provide traditional pharmacy services such as compounding and dispensing medications, as well as innovative clinical and specialty services for Long Term Care and Retirement Communities and Addiction Management. Centric Health Surgical Centres are multi-disciplinary medical centres, and provide a comprehensive variety of services for patients as well as for employers.
Centric Health has made 3 acquisitions, including Lifemark, Remedy's, and Remedy'sRx Specialty Pharmacy.
Centric Health has 3 investors. Key investors include Yorkville Asset Management, Ewing Morris & Co. Investment Partners, and Audax Group.
Centric Health operates through Alegro Health Corp..
Yes. Centric Health was acquired by Audax Group in November 2015.