Golden Bear Therapy Partners Acquires Greater Therapy Centers

Golden Bear Therapy Partners (Therapy Partners Group) Acquires Northwest Rehabilitation Associates

November 3, 2024

Healthcare Services

Golden Bear Therapy Partners, part of Therapy Partners Group, acquired Northwest Rehabilitation Associates (NWRA), a four-location outpatient physical therapy group in Salem, Oregon. NWRA owner Mike Studer transitioned to a staff therapist, advisory board member and partner with Golden Bear as the clinics join the Therapy Partners network to support regional expansion and clinical development.

Seven Lakes Group Affiliate Acquires Dynamic Physical Therapy

November 14, 2023

Healthcare Services

An affiliate of Seven Lakes Group, LLC acquired Dynamic Physical Therapy, LLC, a two-location outpatient physical therapy clinic based in Colorado Springs, Colorado. The transaction closed in August 2023; the sellers were the shareholders of Dynamic Physical Therapy and the acquisition expands Seven Lakes Group’s healthcare platform presence in the region.

Golden Bear Physical Therapy (Shore Capital) Acquires Cleburne (Real Performance) Physical Therapy

December 28, 2021

Healthcare Services

Golden Bear Physical Therapy, a portfolio company of Shore Capital Partners, acquired Cleburne Physical Therapy & Sports Rehabilitation (dba Real Performance Physical Therapy) in a deal that closed December 28, 2021. The acquisition adds the Cleburne and Burleson, Texas outpatient clinics to Golden Bear's growing network of rehabilitation and physical therapy practices.

U.S. Physical Therapy Acquires Majority Stake in Eight-Clinic Physical Therapy Practice

July 1, 2021

Healthcare Services

U.S. Physical Therapy, Inc. acquired a 65% equity interest in an eight-clinic physical therapy practice for $10.3 million; the practice's founder and owners retained the remaining 35%. The business generates more than $7.3 million in annual revenue and approximately 65,000 patient visits per year, and the acquisition expands USPH's outpatient clinic footprint and scale.

KKR Acquires Majority Interest in Therapy Brands

April 7, 2021

Software

KKR has agreed to acquire a majority interest in Therapy Brands, a Birmingham-based practice management and EHR software platform for mental, behavioral and rehabilitation healthcare providers. Existing investor PSG will remain a minority shareholder, and sellers include investment funds affiliated with Lightyear Capital, Oak HC/FT and Greater Sum Ventures; financial terms were not disclosed.

Spine & Sport Physical Therapy Acquires Performance Therapy Center

March 10, 2021

Healthcare Services

Great Point Partners-backed Spine & Sport Physical Therapy has acquired Performance Therapy Center, a three-location outpatient physical therapy operator in Ventura County, California. The transaction is a tuck-in add-on as Spine & Sport expands its Southern California footprint.