Report: Lincare has bought Southwest provider

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Tuesday, March 26, 2019

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.