BPOC Makes Strategic Investment in Praxis Packaging Solutions

September 10, 2022

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.

Targets
Praxis Packaging Solutions
Sellers
Huizenga Group
Industry
Pharmaceuticals
Location
Michigan, United States
Transaction Type
Growth capital

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