BEECKEN PETTY O’KEEFE & COMPANY COMPLETES SALE OF REICHERT, INC.
CHICAGO –- Beecken Petty O’Keefe and Company (“BPOC”), a private equity firm focused exclusively on the health care industry, announced today that it has completed the sale of Reichert Technologies to AMETEK, Inc. Located in Depew, New York, Reichert is a global leader in the design and manufacture of high-quality diagnostic instruments and equipment for ophthalmologists, optometrists and opticians. The company’s products are used for a wide range of applications, from common vision testing to diagnosing sight-threatening diseases such as glaucoma and macular degeneration.
BPOC acquired Reichert in 2006 and, over the past five years, has expanded Reichert’s offerings through investment in new product introductions, completed numerous strategic product acquisitions, supplemented Reichert’s senior level management team, and entered into new international markets while significantly expanding its sales and marketing efforts.
“Beecken Petty O’Keefe has been a great partner for Reichert. Their extensive knowledge of the healthcare sector and experience in building successful middle market healthcare companies was extremely valuable to Reichert and the management team. They have a significant network of industry relationships that Reichert was able to utilize to help grow the company both organically and through acquisitions. We look forward to working with AMETEK to continue to build and grow a leading company in the ophthalmic industry,” said Jerry Cirino, chief executive officer, Reichert.
“Reichert is an excellent example of Beecken Petty O’Keefe’s investment strategy of partnering with strong management teams in segments we understand and have invested in over the last 15 years,” said Dave Cooney, partner, Beecken Petty O’Keefe and Company. “The Company’s management team and employees have done a tremendous job executing on the Company’s strategic plan to design, develop and manufacture devices that provide critical eye care to patients throughout the world”.
Lincoln International acted as exclusive financial advisor and Paul Hastings LLP served as legal counsel to Reichert and Beecken Petty O’Keefe and Company.
About Beecken Petty O’Keefe and Company
Beecken Petty O’Keefe & Company is a Chicago-based private equity management firm founded in 1996 to invest in middle-market buy-out transactions, recapitalizations, and growth platforms in the health care industry. BPOC evaluates, structures, and manages investments on behalf of institutional and individual investors. BPOC currently manages over $700 million in equity commitments. The firm is headquartered in Chicago, Illinois. For more information on Beecken Petty O’Keefe, visit www.bpoc.com.

