FYZICAL Acquires 12 Franchisee Clinics from Franchise Owners

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 (New Harbor Capital Portfolio Company) Acquires Three Franchisee Clinics in Washington and Oklahoma

June 16, 2021

Healthcare Services

New Harbor Capital portfolio company FYZICAL Therapy & Balance Centers completed acquisitions of three FYZICAL franchisee clinics — one in Washington and two in Oklahoma — expanding its company-owned footprint. The deals bring FYZICAL to 39 company-owned clinics (428 total under brand) and enable the company to pilot initiatives and optimize systems across new marketplaces.

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 Four Franchisee Clinics in Florida and North Carolina

January 15, 2021

Healthcare Services

FYZICAL, a New Harbor Capital portfolio company, acquired three FYZICAL franchisee clinics in Florida and one in North Carolina, expanding its corporate-owned footprint in those regions. The transactions increase FYZICAL’s presence to 10 clinics in Southwest Florida and five across North and South Carolina, enabling the company to pilot initiatives and create Centers of Excellence for its franchise community.

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 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.