Lincare Holdings acquired Preferred Homecare / Lifecare Solutions

Buyer: Lincare Holdings
Seller: Preferred Homecare / Lifecare Solutions
Date / Year: March 30, 2019
Sector: HME, Medical Supply

CLEARWATER, Fla. – Lincare Holdings, a subsidiary of Linde Group of Germany, has acquired Preferred Homecare/Lifecare Solutions, a portfolio company of Beecken Petty O’Keefe of Chicago, according to PE Hub Healthcare. Preferred Homecare provides a full range of HME, including respiratory, complex rehab and NPWT products, from 22 locations, largely in Arizona, but also in Colorado, California and Nevada, according to its website.

Beecken Petty O’Keefe, a healthcare-focused private equity firm, started shopping around Preferred Homecare in October 2018, more than a decade into its ownership, PE Hub reported.  Beecken Petty O’Keefe bought Preferred Homecare from The Halifax Group in 2007.

What does this transaction mean for the strategic options for your healthcare business?

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