Arete Health Acquires Brunswick Physical Therapy and ProFlex Physical Therapy

September 9, 2025

Arete Health, a new platform formed by MBF Healthcare Partners II and Eric DeYoung, has acquired Carolina Rehabilitation, Inc. dba Brunswick Physical Therapy and Southern Maryland Physical Therapy, LLC dba ProFlex Physical Therapy. The acquisitions establish a multi-state outpatient physical therapy platform operating 11 clinics across North Carolina, Maryland, and Virginia and provide a foundation for continued expansion across the mid-Atlantic and southeastern United States.

Buyers
Arete Health, LLC, MBF Healthcare Partners II, L.P., Eric DeYoung
Targets
Carolina Rehabilitation, Inc. dba Brunswick Physical Therapy, Southern Maryland Physical Therapy, LLC dba ProFlex Physical Therapy
Platforms
Arete Health
Location
United States
Transaction Type
Addon

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