FYZICAL Acquires Four Franchisee Clinics in Florida and North Carolina

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.

FYZICAL Acquires Two Franchisees (Five Clinics)

December 23, 2019

Healthcare Services

New Harbor Capital portfolio company FYZICAL has completed two add-on acquisitions of FYZICAL franchisees, bringing five clinics into its corporate-owned network in the Carolinas. The deal expands FYZICAL's corporate footprint to enable pilot initiatives and Centers of Excellence for the broader franchise community; New Harbor first invested in FYZICAL in 2018 and these represent the company's fourth and fifth acquisitions since that investment.

FYZICAL Acquires 27 Franchisee Clinics from Franchisees (New Harbor Capital Portfolio)

January 19, 2022

Healthcare Services

FYZICAL Therapy & Balance Centers, a New Harbor Capital portfolio company, acquired 27 franchisee clinics across five states (including three in Tampa, Florida and one in Massachusetts) to expand its company-owned footprint. The acquisitions increase FYZICAL’s company-owned clinics to 55 and support rollout of pilot initiatives and improved processes across the franchise network.

FYZICAL Acquires 12 Franchisee Clinics from Franchise Owners

August 26, 2021

Healthcare Services

FYZICAL Therapy & Balance Centers, a New Harbor Capital portfolio company, acquired 12 FYZICAL franchisee clinics across Colorado, South Dakota and Florida, adding to its company-owned footprint. The acquisitions expand FYZICAL’s company-owned network to 51 clinics and introduce Colorado and South Dakota as new company-owned states while enabling broader rollout of pilot initiatives and best practices.

FYZICAL Acquires Two Michigan Franchisee Clinics

November 19, 2020

Healthcare Services

FYZICAL, a New Harbor Capital portfolio company, has completed an add-on acquisition of two Michigan-based FYZICAL franchisee clinics, expanding its corporate-owned footprint in the Midwest. The acquisition will allow FYZICAL to deploy pilot initiatives across additional marketplaces and provide franchisees with evidence-based best practices.

FYZICAL (New Harbor Capital Portfolio Company) Acquires Three Connecticut Franchisee Clinics

November 16, 2020

Healthcare Services

FYZICAL, a New Harbor Capital portfolio company and franchisor/operator of physical rehabilitation centers, completed an add-on acquisition of three Connecticut-based FYZICAL franchisee clinics. The acquisition expands FYZICAL's corporate-owned footprint into the Northeast and enables the company to deploy pilot initiatives and Centers of Excellence to support its franchise community.