Athletico Physical Therapy Acquires Pivot Health Solutions

Concentra Acquires Pivot Onsite Innovations from Athletico Physical Therapy

June 2, 2025

Healthcare Services

Concentra Group Holdings Parent, Inc. (Concentra) has closed the acquisition of Pivot Onsite Innovations from Athletico Physical Therapy for an enterprise purchase price of $55 million (subject to adjustment). The deal expands Concentra’s onsite health business, doubling the size of its Concentra Onsite Health operating segment and adding Pivot’s network of over 200 employer‑site clinics across more than 40 states.

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.

Athletico Physical Therapy Acquires Georgialina Physical Therapy

January 18, 2022

Healthcare Services

Athletico Physical Therapy has acquired Georgialina Physical Therapy, a regional outpatient physical therapy provider with 17 locations across Georgia and South Carolina. The acquisition expands Athletico's network into Georgia and South Carolina, growing its footprint to over 600 locations and increasing patient access to its orthopedic rehabilitation services; terms were not disclosed.

BPOC Invests in Alliance Physical Therapy Partners

December 22, 2021

Healthcare Services

BPOC, a Chicago-based healthcare-focused private equity firm, has made a strategic growth investment in Alliance Physical Therapy Partners, a national operator of outpatient physical therapy clinics. Alliance operates 90+ clinics across 14 states with 450+ licensed clinicians and will partner with BPOC and management to accelerate network growth and expand services; financial terms were not disclosed.

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.

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.