M&A Deal Summary

Beekman Group Acquires Fluent

On January 12, 2022, private equity firm Beekman Group acquired information services company Fluent from New Capital Partners

Acquisition Highlights
  • This is Beekman Group’s 1st transaction in the Information Services sector.
  • This is Beekman Group’s 23rd transaction in the United States.
  • This is Beekman Group’s 3rd transaction in New Jersey.

M&A Deal Summary

Date 2022-01-12
Target Fluent
Sector Information Services
Buyer(s) Beekman Group
Sellers(s) New Capital Partners
Deal Type Secondary Buyout
Advisor(s) Triple Tree LLC (Financial)

Target

Fluent

Hamilton, New Jersey, United States
website
Fluent is a dental source that combines comprehensive historical and current dental procedure data with technology, analytics, research and dental domain expertise to address the questions and business concerns of our customers and partners. Fluent was founded in 1996 and is based in Hamilton, New Jersey.

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Buyer(S) 1

Buyer

Beekman Group

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2004
PE ASSETS 1.0B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

The Beekman Group, LLC is a private equity firm that invests in small to mid-sized healthcare, consumer, business, and financial services companies. TBG focuses on companies with revenues between $10 to $300 million. Beekman looks to invest $20 to $150 million per transaction. Specific areas of interest include hospital services, dental services, home care, outsourcing services, restaurants, specialty retail, consumer packaged goods, food and food services, infrastructure, education and training, logistics and distribution, insurance, specialty finance, community banking, and asset management. Target transaction types include MBOs, recapitalizations, consolidations, growth capital financings, corporate spin-offs, and special situations. The Beekman Group was formed in 2004 and is based in New York City.


DEAL STATS #
Overall 25 of 27
Sector (Information Services) 1 of 1
Type (Secondary Buyout) 2 of 2
State (New Jersey) 3 of 3
Country (United States) 23 of 25
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Campus Eye Group

Hamilton Township, New Jersey, United States

Campus Eye Group is a multi-specialty eye care services practice and surgical center. The professional staff is comprised of both therapeutically certified optometrists and board-certified ophthalmologists who deliver the highest quality of eye care, innovative medical and surgical care, and the finest optical services available. Campus Eye Group was founded in 1981 and is based in Hamilton Township, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-14 First Choice Dental

Madison, Wisconsin, United States

First Choice Dental is a multi-specialty dental service organization with 11 practices offering general dentistry, orthodontics, endodontics, periodontics, and oral surgery services. First Choice Dental was founded in 1996 and is based in Madison, Wisconsin.

Buy -

Seller(S) 1

DESCRIPTION

New Capital Partners is a private equity firm focused on investing in high-growth companies. The Firm has a preference for Southeast US-based companies looks to acquire and/or partner with businesses and management teams who are seeking to build sustainable companies. Sectors of interest include healthcare services, healthcare IT, financial services, financial technology, and business services. New Capital Partners was established in 2001 and is based in Birmingham, Alabama.


DEAL STATS #
Overall 8 of 11
Sector (Information Services) 1 of 1
Type (Secondary Buyout) 3 of 3
State (New Jersey) 1 of 1
Country (United States) 8 of 11
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Healthfuse

Milwaukee, Wisconsin, United States

Healthfuse is a revenue cycle vendor management company in the industry, solely dedicated to helping hospitals build, operate, and optimize their vendor management office using a combination of proprietary technology & analytics, deep research, and advisory services/performance management. Healthfuse was founded in 2011 and is based in Milwaukee, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-19 Fident Health

Addison, Texas, United States

Fident Health is a virtual hospitalist provider dedicated to delivering high-quality telemedicine care to rural and suburban communities. Fident Health was founded in 2016 and is based in Addison, Texas.

Sell -