M&A Deal Summary

Beecken Petty O Keefe & Company Acquires Alliance Physical Therapy Partners

On December 22, 2021, private equity firm Beecken Petty O'Keefe & Company (BPOC) acquired healthcare services company Alliance Physical Therapy Partners from GPB Capital

Acquisition Highlights
  • This is Beecken Petty O Keefe & Company’s 12th transaction in the Healthcare Services sector.
  • This is Beecken Petty O Keefe & Company’s 33rd transaction in the United States.
  • This is Beecken Petty O Keefe & Company’s 1st transaction in Michigan.

M&A Deal Summary

Date 2021-12-22
Target Alliance Physical Therapy Partners
Sector Healthcare Services
Buyer(s) Beecken Petty O'Keefe & Company (BPOC)
Sellers(s) GPB Capital
Deal Type Secondary Buyout
Advisor(s) Cain Brothers & Co. LLC (Financial)
McGuireWoods LLP (Legal)

Target

Alliance Physical Therapy Partners

Grand Rapids, Michigan, United States
website
Alliance is a national physical therapy operator offering outpatient physical therapy across a network of 90+ clinics in 14 states. Alliance offers virtual physical therapy, a workplace therapy solution, in-hospital services, and a comprehensive electronic medical record platform. Alliance was founded in 2017 and headquartered in Grand Rapids, Michigan.

Search 168,033 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Beecken Petty O'Keefe & Company (BPOC)

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1996
PE ASSETS 1.4B USD
SizeLarge
Type Sector Agnostic
DESCRIPTION

Beecken Petty O'Keefe & Company (BPOC) is a specialist private equity firm that targets investments in middle-market healthcare companies. Specific areas of interest within healthcare include, specialty distribution; provider and payor outsourcing; pharmacy, infusion, and home healthcare; outpatient an alternate site services; and medical products manufacturing with a focus on capital equipment. The Firm focuses on recapitalizations, buyouts, and growth capital investments. BPOC was formed in 1996 and is based in Chicago, Illinois.


DEAL STATS #
Overall 34 of 36
Sector (Healthcare Services) 12 of 12
Type (Secondary Buyout) 11 of 12
State (Michigan) 1 of 1
Country (United States) 33 of 35
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 Home Care Delivered, Inc.

Glen Allen, Virginia, United States

Home Care Delivered is a direct-to-patient provider of insurance covered medical supplies for diabetes, incontinence, urology, ostomy, and wound care products delivered directly to the patient's home. The company is dedicated to providing best-in-class customer support and quality supplies for patients and caregivers nationwide. Home Care Delivered was founded in 1996 and is based in Glen Allen, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 basys, Inc.

Baltimore, Maryland, United States

basys is a provider of specialized business administration software for the Taft-Hartley community, providing technology solutions for fund offices, national multiemployer plans, and third-party administrators across the United States and Canada. basys was founded in 1977 and is based in Baltimore, Maryland.

Buy -

Seller(S) 1

SELLER

GPB Capital

Investor Investor Investor

website


Category Asset Manager
Founded 2013
PE ASSETS 1.5B USD
SizeLarge
Type Sector Agnostic
DESCRIPTION

GPB Capital is an asset management firm focused on acquiring income-producing private companies. Sectors of interest include automotive, retail, technology enabled services, waste management, and healthcare. GPB Capital was established in 2013 and is headquartered in New York City.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Secondary Buyout) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-20 Surge Resources, Inc.

Manchester, New Hampshire, United States

Surge Resources, Inc. is a provider of professional employer organization (PEO) services to small and medium-sized businesses located primarily in New Hampshire, Massachusetts, Vermont, and Maine.

Buy -