Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, announced on June 12 the partnership of its client Health Quest Chiropractic & Physical Therapy, LLC (HQC) with Chiropractic Health Partners (CHP). The partnership was created on May 31, 2024.
Founded in 1998 and located in Owings Mills, Maryland, HQC is a leading healthcare provider in the Baltimore MSA. The company is dedicated to offering chiropractic, physical therapy and therapeutic exercise modalities to patients of all ages at their multiple locations. HQC specializes in treating injuries resulting from auto- or work-related injuries, as well as general health-oriented conditions that involve acute and/or chronic neuromusculoskeletal conditions.
CHP, located in Lakewood Ranch, Florida, is a management services organization that supports practice growth by providing its partner physicians with the resources, analytics and expertise needed to add new service lines, build de novo locations, recruit additional providers, improve marketing and optimize processes. CHP enables its chiropractic physicians and providers to focus on patient care while CHP focuses on managing the business aspects of each practice.
According to data captured in the LevinPro HC database, this acquisition represents the second chiropractic care transaction of 2024. There was just one chiropractic care deal announced during 2023 and 2022. Financial terms of the deal were not disclosed.
