Physical Rehabilitation Network Acquires Professional Rehabilitation Associates

Gryphon Investors Acquires Physical Rehabilitation Network (PRN)

December 17, 2020

Healthcare Services

Gryphon Investors acquired Physical Rehabilitation Network (PRN) from Silver Oak Services Partners, with Silver Oak reinvesting in the newly recapitalized company and PRN management retaining equity. PRN is a leading outpatient physical therapy operator headquartered in Carlsbad, California, operating 138 clinics across 12 states and delivering over one million patient visits annually; Gryphon intends to continue scaling the platform through organic and acquisitive growth.

Physical Rehabilitation Network Acquires 360 Physical Therapy

September 2, 2021

Healthcare Services

Physical Rehabilitation Network (PRN), a portfolio company of Gryphon Investors, has acquired 360 Physical Therapy, a Chandler, Arizona–based operator of 19 outpatient clinics across Arizona and Oklahoma. The deal expands PRN's footprint in Arizona, introduces PRN into Oklahoma, and brings 360 PT access to PRN's operational resources to support continued clinic and service growth.

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.

Physical Rehabilitation Network Acquires Gillette Physical Therapy

June 8, 2022

Healthcare Services

Physical Rehabilitation Network (PRN), a Gryphon Investors-backed owner-operator of nearly 200 outpatient physical therapy clinics, acquired Gillette Physical Therapy, a single-clinic provider in Gillette, Wyoming. The acquisition marks PRN's entry into Wyoming and is intended to provide clinical and operational support to Gillette PT while expanding PRN's Mountain West footprint.

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.

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.