Genesis Capital Advises Southeast Primary Care Partners on Its Partnership with BPOC

Genesis Capital Advises Southeast Primary Care Partners on Its Partnership with BPOC

Genesis Capital is pleased to announce that North Atlanta Primary Care (“NAPC”) has partnered with Beecken Petty O’Keefe & Company (“BPOC”) to form Southeast Primary Care Partners, LLC (“SPCP”), a new regionally-focused primary care management services organization. SPCP and its affiliated practices are focused on partnering with independent primary care providers to expand access to high-quality care and to improve the health of the communities they serve.

Founded in 1990 by Dr. Thomas Bat, North Atlanta Primary Care is a primary care practice located in metropolitan Atlanta offering high-quality, comprehensive primary care to adults and seniors. The practice is comprised of more than 65 providers across 13 locations with additional practices expected to open later this year.

“Genesis Capital guided us through the complex process of finding the right partner for the next chapter in our company’s growth. We were pleased to have such knowledgeable and experienced advisors by our side every step of the way”, said Dr. Bat, founder of NAPC.

SPCP and NAPC will serve as the platform for BPOC’s new investment in the primary care sector. As part of its growth strategy, SPCP will expand its affiliated practice footprint through acquisitions and de novos. “We are thrilled to partner with Dr. Bat and such a well-respected, independent practice in a market poised for growth,” said Peter Magas, Partner at BPOC. “We believe primary care is the fulcrum for care delivery and NAPC is a model practice for quality care.”

“I am proud of what our team has built over the last 30 years and as we look forward, we have a shared vision for what SPCP can become. We look forward to a collaborative relationship with BPOC and the support of a true partner,” said Thomas Bat, M.D., CEO of Southeast Primary Care Partners. He added, “We believe BPOC’s healthcare knowledge, relationships and expertise in primary care will accelerate our growth while maintaining our focus on quality, comprehensive care.”

Genesis Capital, LLC served as financial adviser to North Atlanta Primary Care, P.C. while Pascual, LLC and Kilpatrick Townsend & Stockton LLP provided legal counsel. Kirkland & Ellis, LLP and McDermott Will & Emery served as counsel to Beecken Petty O’Keefe & Company on the transaction.

About North Atlanta Primary Care

North Atlanta Primary Care, founded by Thomas Bat, M.D. in 1990, is the largest independent physician-led and patient-centric primary care practice in Georgia. The Company operates a network of 13 medical offices and is renowned for its three decades of service to the community and dedication to delivering high quality care to all patients.

About Beecken Petty O’Keefe & 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 exclusively in the healthcare industry. BPOC has structured, managed and realized investments on behalf of institutional and individual investors for over two decades. Since inception, BPOC has raised four funds with aggregate capital commitments of over $1.3 billion.

Company Type: Private Companies

Transasction Type: Sellside M&A

Industry: Healthcare