FYZICAL Acquires Two Franchisees (Five Clinics)

December 23, 2019

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.

Buyers
FYZICAL Therapy & Balance Centers, New Harbor Capital
Targets
Two FYZICAL franchisees (five clinics)
Platforms
FYZICAL Therapy & Balance Centers
Location
North Carolina and South Carolina, United States
Transaction Type
Addon

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