Athletico Physical Therapy Acquires Georgialina Physical Therapy

Athletico Physical Therapy Acquires Pivot Health Solutions

February 16, 2022

Healthcare Services

Athletico Physical Therapy has completed its acquisition of Pivot Health Solutions, expanding Athletico’s outpatient rehabilitation footprint across the Eastern U.S. and adding Pivot’s direct-to-employer Onsite Innovations business. Chris Throckmorton was named President and CEO of the combined company while Pivot founder Mark Kaufman will remain Executive Chairman.

Athletico Physical Therapy Acquires Crossroads Rehabilitation and Action Physical Therapy

July 28, 2022

Healthcare Services

Athletico Physical Therapy has acquired two regional outpatient therapy groups — Crossroads Rehabilitation (nine clinics in Northeast Mississippi) and Action Physical Therapy and Rehabilitation (five locations in Central Oklahoma) — to expand its footprint in Mississippi and Oklahoma. The deals add experienced clinical teams and local market presence as Athletico continues a nationwide growth strategy.

U.S. Physical Therapy Acquires 75% Stake in Three-Clinic Practice in South Carolina

January 3, 2022

Healthcare Services

U.S. Physical Therapy, Inc. (USPH) acquired 75% of the equity interests in an undisclosed three-clinic physical therapy practice in South Carolina for approximately $3.7 million, with the founder retaining a 25% ownership stake. The acquired business generates more than $2.7 million in annual revenue and records about 31,000 patient visits per year.

PT Solutions Acquires OrthoCarolina Physical Therapy Branch

February 3, 2025

Healthcare Services

PT Solutions Physical Therapy completed the acquisition of OrthoCarolina’s physical therapy branch, comprising 24 outpatient clinics across the Charlotte, Winston-Salem, Hickory, Shelby and Boone areas. PT Solutions will partner with Novant Health to continue serving patients in the region and expand access to rehabilitation, occupational therapy, and sports-rehabilitation services.

FYZICAL Acquires Five Franchisee Clinics in Georgia and Florida

April 20, 2021

Healthcare Services

FYZICAL, a New Harbor Capital portfolio company, acquired two franchisee clinics in Georgia and three franchisee clinics in Florida, expanding its company-owned footprint in the southern Georgia and Florida panhandle regions. The transactions increase FYZICAL's company-owned clinics to 36 (within a 426-center system) and enable the company to deploy pilot initiatives across more marketplaces to support franchise community best practices.

U.S. Physical Therapy Acquires 80% Stake in Two-Clinic Physical Therapy Practice

October 3, 2022

Healthcare Services

U.S. Physical Therapy, Inc. acquired an 80% equity interest in an undisclosed two-clinic physical therapy practice for approximately $4.2 million (including a $250,000 note payable to the sellers). The practice—whose owners retain a 20% stake—generates more than $2.5 million in annual revenue and about 17,000 patient visits per year; U.S. Physical Therapy said the deal will help grow and scale the business as part of its clinic network expansion.