- December 23, 2021
- Posted by: Stratford Team
- Category: Business
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A significant asset sale by GPB Capital Holdings LLC, a New York private-equity firm facing government civil fraud charges, returned about two times invested capital, according to a person familiar with the matter.
The firm sold Alliance Physical Therapy Partners LLC to Chicago-based healthcare investment firm Beecken Petty O’Keefe & Co., which does business as BPOC. The Grand Rapids, Mich.-based physical therapy services provider operates more than 90 outpatient clinics in 14 states, according to a news release. The firm…
