Beecken Petty O’Keefe & Company (BPOC) has announced it will sell Cranial Technologies to Eurazeo.
Cranial Technologies, based in Tempe, Ariz., is a developer, manufacturer and provider of custom cranial orthotics for treating infants with plagiocephaly. Founded in 1986, the company manufactures the DOC Band, a custom cranial orthotic.
BPOC, based in Chicago, seeks control and minority equity investments in middle market companies exclusively within the healthcare industry. Founded in 1996, the firm pursues companies generating at least $10 million in revenue through a wide range of investments. Within healthcare, the firm targets companies in the provider services, life sciences/pharmaceutical and non-reimbursement industries.
Eurazeo, based in Paris, France, is a global investment company.
Terms of the sale were not disclosed.