Peak Rock Capital has acquired Asembia, a New Jersey-based health technology company serving the specialty pharmacy sector. The financial terms of the transaction were not disclosed. Asembia, which was originally founded as Armada Health Care in 2004, operates the Asembia Specialty Pharmacy Summit conference and is led by co-founder and CEO Lawrence Irene.

The acquisition positions Peak Rock to expand its footprint in the growing specialty pharmacy market, which serves patients with complex conditions requiring specialized treatments. Asembia's platform connects pharmacies, manufacturers, and payers through technology solutions designed to streamline access and reduce costs for high-complexity medications.

Specialty pharmacies represent a high-growth segment within healthcare, driven by expanding indications for existing drugs and new molecular entities. Peak Rock's move follows increasing private equity interest in health tech assets that improve patient access while generating predictable revenue streams.

With terms undisclosed, the deal adds to Peak Rock's healthcare portfolio without public financial details, leaving investors to assess the strategic fit and potential returns from the specialty pharmacy consolidation trend.