About DMS Pharmacy Group
For over four decades, DMS has been the trusted partner for pharmacy owners and buyers navigating one of the most complex and personal business transactions of their lives.
40+
Years in Business
500+
Transactions Closed
50
States Served
$2B+
Total Value Transacted
Meet the Owner
Parthiv D. ShahRPh
Owner & Chairman, DMS Pharmacy Group · Chairman, PSSNY
A top graduate of St. John's University School of Pharmacy and Chairman of the Pharmacist Society of New York State, Parthiv has grown DMS into a 21-location national group — and is the driving force behind everything we do.
Our Mission
Protecting both sides of every transaction
DMS Pharmacy Group was built on a simple belief: pharmacy owners deserve a trusted partner who truly understands their business — not a generalist broker who treats a pharmacy like any other small business.
Pharmacies are built over decades. They are community anchors, family legacies, and deeply personal endeavors. Whether you are a seller protecting 30 years of work or a buyer stepping into your first independent practice, the stakes could not be higher.
Our structured, confidential process protects sellers from premature disclosure while giving qualified buyers the information they need to make sound decisions. We do not rush transactions — we build them to close successfully and stand the test of time.
Our Team
Advisors who have done this before
David M. Sullivan
Founder & Managing Partner
David founded DMS in 1984 after recognizing the unique challenges pharmacy owners face when transitioning their businesses. With over 500 completed transactions, he remains hands-on in every major deal.
Karen L. Chen
Senior Advisor — Northeast
Karen brings 20+ years of pharmacy operations expertise and has closed over 120 transactions across the New York metro area, New England, and mid-Atlantic states.
Marcus T. Rivera
Senior Advisor — Southeast & Southwest
Marcus specializes in independent pharmacy valuations and has deep relationships with both chain buyers and independent operators throughout the Sun Belt states.
Priya N. Patel
Buyer Relations & Qualification
Priya leads the buyer qualification process, ensuring every registered buyer is verified before accessing any listing details. She has helped 300+ buyers navigate their first pharmacy acquisition.
Our History
Four decades of pharmacy M&A
1984
DMS Pharmacy Group founded by David Sullivan in New Jersey
1995
Expanded nationally with advisors in 12 states
2004
Completed 100th pharmacy transaction
2012
Launched dedicated LTC and Specialty division
2019
Reached $1 billion in cumulative transaction value
2024
500+ completed transactions across all 50 states
NCPA Partner · APhA Member · NACDS Associate
DMS Pharmacy Group is proud to be affiliated with the nation's leading pharmacy associations, ensuring our practices align with the highest industry standards.
Ready to work with us?
Whether you are buying or selling, our advisors are ready to guide you through every step.