Ivy Rehab Network Partners with Park Sports Physical Therapy

Ivy Rehab Acquires the Theraplay Family of Companies

July 26, 2022

Healthcare Services

Ivy Rehab, a portfolio company of Waud Capital Partners, has acquired the Theraplay Family of Companies (a portfolio company of DFW Capital Partners). The deal adds Theraplay’s 31 pediatric outpatient therapy clinics across Delaware, New Jersey, Pennsylvania and Virginia to Ivy Rehab’s pediatric platform, expanding its national footprint and pediatric care capabilities.

Ivy Rehab for Kids Adds Sora Therapy to Its Network

February 16, 2023

Healthcare Services

Ivy Rehab for Kids announced a partnership with Minneapolis-based Sora Therapy, bringing the pediatric physical, occupational, and speech therapy provider into Ivy Rehab’s network. The move expands Ivy Rehab for Kids’ pediatric rehab footprint (with support from PE backer Waud Capital Partners) and integrates Sora’s clinical team and services into the larger Ivy Rehab for Kids platform.

Physical Rehabilitation Network (PRN) Acquires Spine & Sport Physical Therapy

March 3, 2025

Healthcare Services

Physical Rehabilitation Network (PRN), a Gryphon Investors portfolio company, has acquired California-based Spine & Sport Physical Therapy, adding 51 clinics across Southern and Northern California to PRN's network. Spine & Sport's CEO Brett Raasch and the management team will remain in place as the business joins PRN's California brands to expand access to outpatient physical therapy services.

Bay State Physical Therapy Partners with Rhode Island Rehab Physical Therapy

February 2, 2022

Healthcare Services

Bay State Physical Therapy has partnered with Rhode Island Rehab Physical Therapy, bringing the Rhode Island practice into Bay State’s regional network and rebranding the clinics under the Bay State name. The partnership expands Bay State’s outpatient physical therapy footprint across Greater Providence and eastern Rhode Island, enabling shared resources, continued local clinical leadership, and expanded patient access to Bay State’s care and education programs.

Physical Rehabilitation Network Acquires Albany Physical Therapy

November 17, 2021

Healthcare Services

Physical Rehabilitation Network (PRN) has acquired Albany Physical Therapy, an outpatient clinic in Albany, California, expanding PRN's California footprint to 59 clinics. PRN, a portfolio company of Gryphon Investors, will integrate Albany Physical Therapy's services — including orthopedic manual therapy, sports medicine and neurological rehabilitation — into its clinic network.

Physical Rehabilitation Network Acquires Synergy Therapies

June 29, 2021

Healthcare Services

Physical Rehabilitation Network (PRN), a Carlsbad, California-based physical therapy provider and practice management organization, has acquired Synergy Therapies' two outpatient clinics in Independence and Oak Grove, Missouri. The add-on expands PRN's nationwide footprint to 156 clinics across 15 states; PRN is a portfolio company of Gryphon Investors.