Beecken Petty O'Keefe & Company Takes Majority Stake in ClareMedica Health Partners

ClareMedica Health Partners Acquires Plaza Medical Centers

April 11, 2023

Healthcare Services

ClareMedica Health Partners, a Revelstoke Capital Partners-backed value-based primary care platform, has acquired Plaza Medical Centers to expand its Medicare Advantage primary care footprint. The deal — ClareMedica's largest since partnering with Revelstoke — nearly doubles ClareMedica's patient base to approximately 10,000 and strengthens its technology-enabled, team-based care model in Florida.

BPOC Makes Strategic Investment in Praxis Packaging Solutions

September 10, 2022

Pharmaceuticals

Chicago-based healthcare investor BPOC (Beecken Petty O’Keefe & Company) made a strategic minority/majority investment in Praxis Packaging Solutions, a Grand Rapids-based contract packaging provider for OTC/Rx pharmaceuticals, medical devices, animal health and health & beauty products. Huizenga Group will retain a minority stake; proceeds will fund expanded sales and marketing and broadened service capabilities, and John Lowry will join Praxis as Executive Chairman.

Revelstoke Capital Partners Makes Growth Investment in ClareMedica Health Partners

February 24, 2022

Healthcare Services

Denver-based private equity firm Revelstoke Capital Partners made a significant growth investment in ClareMedica Health Partners, a value-based primary care provider serving Medicare Advantage members in Florida. The investment will support ClareMedica's expansion of its BetterCare℠ model into new markets while management and existing investor BPOC retain significant ownership.

ClareMedica Acquires Two Medicare Advantage-Focused Primary Care Practices in Florida

August 3, 2020

Healthcare Services

ClareMedica Health Partners acquired the primary care practices of Dr. Prabhavathi Viralam in Palm Beach Gardens and Dr. Todd K. Rosenthal in Tampa, expanding its network of Medicare Advantage-focused physician practices in Florida. The transactions increase ClareMedica's provider footprint in Palm Beach Gardens and central Florida, enhancing access for seniors and strengthening the company’s regional presence.

Beecken Petty O'Keefe Acquires Midwest Products & Engineering from Pfingsten

October 1, 2019

Medical Devices

Chicago-based Beecken Petty O'Keefe & Company (BPOC) acquired a majority equity stake in Midwest Products & Engineering (MPE), a Milwaukee-based designer and manufacturer of mobile and stationary healthcare products. The transaction closed September 24, 2019, as Pfingsten sold MPE to BPOC; financial terms were not disclosed and MPE's CEO Hank Kohl will remain in place to continue growth initiatives under BPOC's healthcare-focused platform.

Beecken Petty O'Keefe & Company Acquires Majority Stake in Health-E Commerce

February 19, 2019

E-Commerce

Beecken Petty O'Keefe & Company (BPOC) has made a majority equity investment in Health-E Commerce, the New York–based parent of FSAstore.com and HSAstore.com. Founder and CEO Jeremy Miller remains in place and a meaningful shareholder as BPOC partners with the company to accelerate growth and expand its reach into the market of consumers using pre-tax health benefits.