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.
- Industry
- Healthcare Services
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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