SportsMed Physical Therapy announced on April 9 the acquisition of Mendham Physical Therapy, a physical therapy clinic located in Mendham, New Jersey. This acquisition brings SportsMed’s total number of clinics to 45 and strengthens its presence in New Jersey.
Founded in 2004, SportsMed Physical Therapy is a multi-disciplinary physical therapy company with locations across New Jersey and Connecticut. Since 2004, SportsMed has offered comprehensive outpatient rehabilitation and wellness services, including physical therapy, occupational/hand therapy, chiropractic care and acupuncture services. SportsMed is a portfolio company of Hildred Capital Management, a New York City-based investor of lower middle-market healthcare companies.
The clinic will continue to serve the local Mendham, New Jersey community, now supported by SportsMed’s full suite of rehabilitative services. Holland & Knight served as legal advisor to SportsMed. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this transaction represents the 11th Rehabilitation transaction of 2025. Throughout 2024, there were 46 Rehabilitation acquisitions reported, and 51 in 2023.
Additionally, this marks SportsMed’s first acquisition announcement of 2025, and its third since 2023. The company previously acquired Mountainside Wellness in October 2023, and Red Bank Physical Therapy in January 2024. Both targets were headquartered in New Jersey.
