Private equity-backed Ivy Rehab announced in January 2025 that it has partnered with In Motion Physical Therapy in Downingtown, Pennsylvania. Financial terms of the deal were not disclosed.
In Motion Physical Therapy is a provider of outpatient physical therapy in Pennsylvania. The company is led by a team of therapists specializing in orthopedics, spine rehabilitation and manual therapy.
Founded in 2003, Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, is a network of outpatient physical, occupational and speech therapy and applied behavior analysis clinics throughout the United States.
“We are thrilled to welcome In Motion Physical Therapy to Ivy Rehab,” said Jonathan Jean-Pierre, Chief Operating Officer of Ivy Rehab. “Their commitment to providing personalized, high-quality care aligns perfectly with our mission to deliver exceptional rehabilitation services. By joining forces, we can expand access to top-tier physical therapy and continue to positively impact the Downingtown community.”
“This partnership with Ivy Rehab allows us to bring even greater resources and expertise to our patients, enhancing their care and supporting our mission of helping individuals achieve their highest level of function and well-being,” said Brock Harper, Owner of In Motion Physical Therapy.
According to data captured in the LevinPro HC database, this acquisition marks the fourth Rehabilitation deal announced in 2025. There were 45 Rehabilitation deals announced in 2024, 51 announced in 2023 and 82 announced in 2022.
This also marks Ivy Rehab’s first transaction of 2025. During 2024, the company made three acquisitions. Ivy Rehab acquired New Jersey-based AmeriCare Physical Therapy and Virginia-based Hilltop Physical Therapy in April, followed by New Jersey-based Helping Hands Rehabilitation in September. Additionally, this marks Ivy Rehab’s 21st deal announcement since it was acquired by Waud Capital Partners in May 2016.
