The Beekman Group Invests in Twin Boro Physical Therapy

U.S. Physical Therapy Acquires 50% Stake in MSO Managing 50 Outpatient Clinics

October 31, 2024

Healthcare Services

U.S. Physical Therapy, Inc. closed the previously announced acquisition of a 50% equity interest in an unnamed management services organization that provides management and administrative services to 50 outpatient physical therapy clinics, the majority of which are in New York, with plans to expand further in New York and adjacent states. The managed clinics deliver physical, occupational and speech therapy in outpatient and in-home settings and the business generates approximately $64.0 million in annual revenue and approximately $12.0 million in annual EBITDA.

BPOC Invests in Alliance Physical Therapy Partners

December 22, 2021

Healthcare Services

BPOC, a Chicago-based healthcare-focused private equity firm, has made a strategic growth investment in Alliance Physical Therapy Partners, a national operator of outpatient physical therapy clinics. Alliance operates 90+ clinics across 14 states with 450+ licensed clinicians and will partner with BPOC and management to accelerate network growth and expand services; financial terms were not disclosed.

U.S. Physical Therapy Acquires 50% Stake in Eight-Clinic Physical Therapy Management Company

January 5, 2026

Healthcare Services

U.S. Physical Therapy, Inc. (USPH) acquired a 50% interest in an unnamed physical therapy management services company that manages an eight-clinic practice generating approximately $8.0 million in annual revenue and 66,000 visits per year. The current owners retained the remaining 50% ownership; financial terms were not disclosed. The deal expands USPH's outpatient clinic footprint and service offerings through a partnership with the local owners.

PT Solutions Acquires ActivePro Rehab Partners from The Beekman Group

October 4, 2023

Healthcare Services

An affiliate of PT Solutions Physical Therapy has completed the acquisition of ActivePro Rehab Partners from an affiliate of The Beekman Group (Beekman Investment Partners IV). ActivePro is a regional provider of outpatient physical and occupational therapy across the Mid‑Atlantic (anchored in New Jersey); financial terms were not disclosed. The deal expands PT Solutions' national footprint and consolidates ActivePro's family of clinic brands under PT Solutions.

U.S. Physical Therapy Acquires 80% Stake in Two-Clinic Physical Therapy Practice

October 3, 2022

Healthcare Services

U.S. Physical Therapy, Inc. acquired an 80% equity interest in an undisclosed two-clinic physical therapy practice for approximately $4.2 million (including a $250,000 note payable to the sellers). The practice—whose owners retain a 20% stake—generates more than $2.5 million in annual revenue and about 17,000 patient visits per year; U.S. Physical Therapy said the deal will help grow and scale the business as part of its clinic network expansion.

U.S. Physical Therapy Acquires Majority Stake in Outpatient Home Care Therapy Practice

April 30, 2025

Healthcare Services

U.S. Physical Therapy, Inc. (NYSE: USPH), through its 50%-owned subsidiary MSO Metro, LLC, acquired an 80% interest in an outpatient home care practice that provides physical, occupational and speech therapy and generates approximately $2.1 million in annual revenue. The current owners retain a 20% ownership stake. USPH said the acquisition expands its ability to provide home-based outpatient therapy services in the Northeast and extends its clinic-based offerings into homecare.