On December 13, JAG-ONE Physical Therapy, a portfolio company of private equity firm Pamlico Capital, announced that it acquired Monmouth Rehab Professionals.
Monmouth Rehab Professionals provides physical and occupational therapy services out of three locations in New Jersey; Manalapan, Jackson and South Amboy.
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.
Per the announcement, Monmouth Rehab Professionals’ facilities will now operate under the JAG Physical Therapy banner. The financial terms of the deal were not disclosed.
According to data in the LevinPro HC database, this transaction marks the 44th Rehabilitation acquisition of 2024, and the fourth in New Jersey. Additionally, this is JAG-ONE Physical Therapy’s first acquisition of 2024. In 2023, the company purchased two physical therapy practices; one in New York and one in New Jersey.
