424 Capital, Eagle Private Capital and Plexus Capital Acquire Majority Stake in Practis

December 31, 2019

424 Capital, together with Eagle Private Capital and Plexus Capital, purchased a majority share in Practis from founder Elizabeth Pettrone and CEO John Pettrone Jr., who will remain investors and active managers. Practis is a digital marketing and SaaS provider serving independent healthcare providers (over 700 customers); the investors plan to accelerate growth, expand services, and enter new markets.

Targets
Practis
Sellers
Elizabeth Pettrone, John Pettrone Jr.
Location
North Carolina, United States
Transaction Type
Buyout

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