Upstream Rehabilitation Acquires Results Physiotherapy

Upstream Rehabilitation Acquires Rapid Rehabilitation (Northern Virginia)

April 26, 2022

Healthcare Services

Birmingham, Alabama-based Upstream Rehabilitation has acquired Rapid Rehabilitation, a three-clinic outpatient physical therapy practice serving Gainesville, Front Royal and Winchester, Virginia. The founder Sherisue Barber will continue to lead the clinics as Upstream expands its outpatient footprint and specialty services (women's health and lymphedema) in Northern Virginia.

Upstream Rehabilitation Acquires Crescent Physical Therapy

June 17, 2022

Healthcare Services

Birmingham-based Upstream Rehabilitation acquired Crescent Physical Therapy, a two-clinic outpatient practice founded by Chris and Kelli Kilgus, effective June 17, 2022. The deal brings Crescent into Upstream’s national platform as part of its strategy to expand services in rural and underserved communities in South Carolina.

Enlyte Acquires Therapy Direct from Upstream Rehabilitation

September 5, 2023

Healthcare Services

Enlyte has acquired Therapy Direct, a national physical therapy provider network, from Upstream Rehabilitation Inc. The deal expands Enlyte’s provider network and clinical services capabilities across workers’ compensation and casualty lines, integrating Therapy Direct’s team into Enlyte’s network organization.

U.S. Physical Therapy Acquires 60% Stake in Fourteen-Clinic Physical Therapy Practice

November 1, 2022

Healthcare Services

U.S. Physical Therapy, Inc. (USPH) acquired a 60% equity interest in a fourteen-clinic physical therapy practice for approximately $19.3 million, with the sellers retaining 40% and potential additional earnouts tied to performance. The acquired business generates more than $9 million in annualized revenue and about 84,000 annualized patient visits; USPH said the deal will help scale the clinics into a multi-state region.

Spine & Sport Physical Therapy Acquires Results Physical Therapy and Training Center

May 11, 2021

Healthcare Services

Spine & Sport Physical Therapy, a Great Point Partners–backed platform, has acquired Results Physical Therapy and Training Center, adding four locations in Sacramento, California. The deal expands Spine & Sport's California footprint and brings founder Kyle Yamashiro and his team into the Spine & Sport network to continue serving the Northern California market.

U.S. Physical Therapy Acquires 60% Stake in Three-Clinic Physical Therapy Practice

August 1, 2025

Healthcare Services

U.S. Physical Therapy, Inc. (USPH) acquired a 60% interest in an unnamed three-clinic physical therapy practice that generates approximately $5.3 million in annual revenue and 28,000 annual visits; the practice's current owners retain a 40% stake. The transaction expands USPH's outpatient clinic footprint and brings the three clinics into its national network while preserving owner-level continuity.