Healthcare & Life Sciences Private Equity Deal Tracker: BPOC Invests in Praxis Packaging

McGuireWoods LLP
Contact

BPOC has announced a strategic investment in Praxis Packaging Solutions.

Praxis, founded in 1989 and based in Grand Rapids, Mich., is a provider of primary and secondary contract packaging services for over-the-counter and prescription pharmaceutical, medical device, animal health and health and beauty industries.

BPOC, based in Chicago, seeks control and minority equity investments in middle market companies exclusively within the healthcare industry. Founded in 1996, the firm pursues companies generating at least $10 million in revenue through a wide range of investments. Within healthcare, the firm targets companies in the provider services, life sciences/pharmaceutical and non-reimbursement industries.

Terms of the investment were not disclosed.

Huizenga Group, which acquired Praxis in 2008, retains a minority ownership interest in the company.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© McGuireWoods LLP | Attorney Advertising

Written by:

McGuireWoods LLP
Contact
more
less

McGuireWoods LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide