Gryphon Investors Acquires Physical Rehabilitation Network (PRN)

Physical Rehabilitation Network (PRN) Acquires Spine & Sport Physical Therapy

March 3, 2025

Healthcare Services

Physical Rehabilitation Network (PRN), a Gryphon Investors portfolio company, has acquired California-based Spine & Sport Physical Therapy, adding 51 clinics across Southern and Northern California to PRN's network. Spine & Sport's CEO Brett Raasch and the management team will remain in place as the business joins PRN's California brands to expand access to outpatient physical therapy services.

Physical Rehabilitation Network Acquires Gillette Physical Therapy

June 8, 2022

Healthcare Services

Physical Rehabilitation Network (PRN), a Gryphon Investors-backed owner-operator of nearly 200 outpatient physical therapy clinics, acquired Gillette Physical Therapy, a single-clinic provider in Gillette, Wyoming. The acquisition marks PRN's entry into Wyoming and is intended to provide clinical and operational support to Gillette PT while expanding PRN's Mountain West footprint.

Physical Rehabilitation Network Acquires 360 Physical Therapy

September 2, 2021

Healthcare Services

Physical Rehabilitation Network (PRN), a portfolio company of Gryphon Investors, has acquired 360 Physical Therapy, a Chandler, Arizona–based operator of 19 outpatient clinics across Arizona and Oklahoma. The deal expands PRN's footprint in Arizona, introduces PRN into Oklahoma, and brings 360 PT access to PRN's operational resources to support continued clinic and service growth.

Physical Rehabilitation Network Acquires Synergy Therapies

June 29, 2021

Healthcare Services

Physical Rehabilitation Network (PRN), a Carlsbad, California-based physical therapy provider and practice management organization, has acquired Synergy Therapies' two outpatient clinics in Independence and Oak Grove, Missouri. The add-on expands PRN's nationwide footprint to 156 clinics across 15 states; PRN is a portfolio company of Gryphon Investors.

Physical Rehabilitation Network Acquires Rocklin Physical Therapy

May 25, 2021

Healthcare Services

Physical Rehabilitation Network (PRN), a Gryphon Investors-backed physical therapy platform, has acquired Rocklin Physical Therapy, Inc., adding PRN's first clinic in the Sacramento area and bringing PRN's California footprint to 51 clinics (156 locations nationally). The acquisition covers Rocklin PT's sole 6,000 sq. ft. outpatient clinic; founder John Zieour was advised by MT Consulting and PRN was advised by PwC, FTI and Bass, Berry & Sims.

Physical Rehabilitation Network Acquires Professional Rehabilitation Associates

April 16, 2021

Healthcare Services

Physical Rehabilitation Network (PRN), a Carlsbad-based physical therapy provider and portfolio company of Gryphon Investors, acquired Professional Rehabilitation Associates, PSC (PRA), adding three outpatient clinics and management of one inpatient physical therapy center in Kentucky. The deal expands PRN's national footprint to roughly 150 clinics across 14 states and marks PRN's entry into the Kentucky market.