Empower Physical Therapy announced on January 22 the acquisition of Huntington Beach Physical Therapy Specialists, a premier physical therapy clinic in Huntington Beach, California since 1994.
Empower Physical Therapy, a portfolio company of Sheridan Capital Partners, provides physical therapy practice management services and operates outpatient physical therapy clinics throughout the southeastern United States.
The founder-owners of HBPTS, Risha Strople, Bryan Strople and Nathan Kindstrand, will continue to lead the business and join the Empower leadership team. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this transaction is the second Rehabilitation acquisition of 2024. Earlier in the month, SportsMed Physical Therapy announced its acquisition of Red Bank Physical Therapy in Monmouth County, New Jersey. There were 50 Rehabilitation deals announced during 2023, and 81 announced during 2022.
