JAG-ONE Physical Therapy, a portfolio company of Pamlico Capital, announced on July 24 its acquisition of NY Physical Therapy & Wellness.
NY Physical Therapy & Wellness is a physical therapy clinic with 13 locations throughout Long Island, Queens and the Bronx.
JAG-ONE Physical Therapy is a comprehensive physical and occupational therapy company with more than 135 locations throughout New York City’s five boroughs, as well as in New Jersey, Westchester, Rockland, Long Island and Pennsylvania. JAG-ONE Physical Therapy specializes in general orthopedic, sports and soft tissue injuries with a personalized treatment plan for each patient.
NY Physical Therapy & Wellness’ 13 locations will continue to provide outpatient physical therapy, occupational therapy, neurological rehabilitation and PT at home services as they transition under the JAG-ONE Physical Therapy brand.
The addition of NY Physical Therapy & Wellness makes JAG-ONE Physical Therapy the only outpatient physical therapy company to service all five boroughs of New York. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this transaction marks the 27th Rehabilitation acquisition of the year. The deal also represents JAG-ONE’s first acquisition of 2023 and follows its January 2022 acquisition of 4 New Jersey physical therapy companies. The four companies included in that deal were Crest Physical Therapy, Excellent Physical Therapy, Connect Physical Therapy and Agility Physical Therapy.
