CORA Physical Therapy Acquires Multiple Clinic Groups in MO, FL and SC
May 30, 2019
CORA Health Services (doing business as CORA Physical Therapy), a portfolio company of Gryphon Investors, acquired several outpatient physical therapy clinic groups — Elite Physical Therapy of St. Louis (5 clinics), Advanced Physical Therapy of Central Florida (6 clinics) — and three individual clinics in South Carolina (Coastal Physical Therapy, Coastal Hand Therapy, and Dynamic Physical Therapy of Florence). The transactions expand CORA's footprint to more than 200 clinics across nine states; terms were not disclosed.
- Targets
- Elite Physical Therapy (Elite PT), Advanced Physical Therapy (Advanced PT), Coastal Physical Therapy, Coastal Hand Therapy, Dynamic Physical Therapy of Florence
- Sellers
- Shane Lawler, Scott Schuessler, Lester "Trey" Hammond, Cara Hammond, Owners of Coastal Physical Therapy and Coastal Hand Therapy (Beaufort, SC), Owner of Dynamic Physical Therapy of Florence (Florence, SC)
- Platforms
- CORA Health Services / CORA Physical Therapy
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Addon
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