U.S. Physical Therapy Acquires Nine-Clinic Physical Therapy And Hand Therapy Practice

U.S. Physical Therapy Acquires Nine-Clinic Physical Therapy And Hand Therapy Practice

U.S. Physical Therapy, Inc., a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced on April 1 the acquisition of a physical therapy and hand therapy practice with nine clinic locations. The practice being acquired currently generates approximately $11.4 million in annual revenues and has approximately 65,000 annual visits, according to the original deal press release published on BusinessWire on April 1, 2024. Founded in 1990, U.S. Physical Therapy, Inc. operates more than 678 outpatient physical therapy clinics in 42 states. The company’s clinics provide preventive and post-operative care for a variety of... Read More »
MVPT Physical Therapy Partners With Genesee Valley Physical Therapy

MVPT Physical Therapy Partners With Genesee Valley Physical Therapy

MVPT Physical Therapy (MVPT) announced that it has partnered with Genesee Valley Physical Therapy (GVPT), expanding its services in New York. GVPT will now operate under the MVPT name.  GVPT is a privately owned outpatient orthopedic practice that has been serving patients since 1987. The company has eight locations in the Rochester MSA.  MVPT, an affiliate of Cypress Health Partners, has provided outpatient physical therapy services throughout New England since its inception in 1983.  According to data captured in the LevinPro HC database, this acquisition marks the fifth Rehabilitation transaction of the year. During 2023, there were 50 Rehabilitation deals... Read More »
U.K.-Based Six Physio Acquires Chelsea Home Physio

U.K.-Based Six Physio Acquires Chelsea Home Physio

Six Physio acquired home physiotherapy provider Chelsea Home Physio for an undisclosed sum. The deal was announced on LaingBuisson News on January 29, 2024.  Headquartered in London, Chelsea Home Physio provides physiotherapy in the convenience of the client’s own home, work/community or in their care home.  Founded in 1996, Six Physio operates nine physiotherapy clinics throughout London. The company was purchased by Ascenti in December 2022.  The deal marks Six Physio’s first acquisition since it was bought by Ascenti and expands its presence in London, where it now operates ten clinics with more than 80 specialist physiotherapists.  According to data captured... Read More »
Empower Physical Therapy Purchases Huntington Beach Physical Therapy Specialists

Empower Physical Therapy Purchases Huntington Beach Physical Therapy Specialists

Empower Physical Therapy announced on January 22 the acquisition of Huntington Beach Physical Therapy Specialists, a premier physical therapy clinic in Huntington Beach, California since 1994.  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.  The founder-owners of HBPTS, Risha Strople, Bryan Strople and Nathan Kindstrand, will continue to lead the business and join the Empower leadership team. Financial terms of the deal were not disclosed.  According to data captured in the LevinPro HC database, this... Read More »
SportsMed Physical Therapy Acquires Red Bank Physical Therapy 

SportsMed Physical Therapy Acquires Red Bank Physical Therapy 

SportsMed Physical Therapy, a portfolio company of private equity firm Hildred Capital Management, announced on January 9 that it was acquiring Red Bank Physical Therapy.  Red Bank Physical Therapy has been providing rehabilitation and physical therapy services in Monmouth County, New Jersey since 1991.  Founded in 2004, SportsMed Physical Therapy is a physical therapy-focused physician practice management company, with 33 clinics that provide physical therapy, chiropractic, acupuncture and occupational therapy services. It is based in Glen Rock, New Jersey.  The financial terms of the transaction were not disclosed. This is SportsMed Physical Therapy’s first... Read More »
Ivy Rehab Expands in New York with Westchester Sports Physical Therapy

Ivy Rehab Expands in New York with Westchester Sports Physical Therapy

Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, has announced a partnership with Westchester Sports Physical Therapy (WSPT). Founded in 1994, Westchester Sports Physical Therapy is a New York-based provider of physical and occupational therapy services in the Westchester community and the Tri-State area.  Founded in 2003, Ivy Rehab is a network of outpatient physical, occupational and speech therapy and ABA clinics throughout the United States.  The acquisition of Westchester Sports Physical Therapy expands Ivy Rehab’s footprint in New York. Financial terms of the deal were not disclosed.  According to data captured in the... Read More »