Empower Physical Therapy Expands in California With Six Locations
Empower Physical Therapy acquired ProActive Physical Therapy & Sports Medicine, a California-based rehabilitation organization, for an undisclosed price. 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. It is headquartered in Phoenix, Arizona and has offices in California, Texas and Louisiana, with 38 locations overall. ProActive Physical Therapy & Sports Medicine provides award-winning outpatient physical therapy services using a hands-on, individualized approach. ProActive currently operates locations in... Read More »
Physical Rehabilitation Network Acquires Bonney Lake Physical Therapy & Hand Rehab in Washington State
On December 29, Physical Rehabilitation Network, LLC (PRN) announced the acquisition of Bonney Lake Physical Therapy & Hand Rehab, PLLC (Bonney Lake PT), continuing its expansion in the state of Washington. The Bonney Lake practice will elevate PRN’s Washington footprint to 22 clinics. Founded in 1991 and headquartered in Carlsbad, California, PRN is a leading physical therapy care provider and comprehensive practice management organization providing non-clinical, administrative support services to physical therapists across 16 states in the western and central portions of the United States. PRN is a portfolio company of Gryphon Investors, a leading middle-market private equity firm... Read More »
Ivy Rehab Makes Second Acquisition of 2021
Ivy Rehab, a national leader in outpatient musculoskeletal rehabilitative services, announced that it acquired Back in Action Physical Therapy, growing its North Carolina footprint. The details of the transaction were not disclosed. Founded in 2003 and based in Harrison, New York, Ivy Rehab Physical Therapy is a portfolio company of Chicago-based private equity firm Waud Capital Partners. Ivy Rehab provides a comprehensive offering of physical therapy services through its more than 90 centers in the Northeast and Midwest regions of the United States. Back in Action is a privately owned physical therapy clinic that specializes in rehabilitation from orthopedic and sports related injuries.... Read More »
ATI Physical Therapy Acquires Auburn Physical Therapy, Expanding Michigan Presence
On December 8, ATI Physical Therapy, the country’s largest single-branded outpatient physical therapy provider, announced that it had acquired Auburn Physical Therapy for an undisclosed amount. Founded in 1996, ATI Physical Therapy is a comprehensive orthopedic rehabilitation provider, specializing in research-based physical therapy, work conditioning, functional capacity evaluations, sports medicine, women’s health and employer worksite solutions. Based in the Chicago suburb of Bolingbrook, it operates 900 clinics (with 22 of those clinics under management service agreements) across Illinois. Auburn Physical Therapy opened in 2003 in Auburn, Michigan, and later expanded to include... Read More »