Traverse Pointe Partners Acquires Soma Therapy

Traverse Pointe Partners Acquires The Hope House

October 6, 2022

Healthcare Services

Traverse Pointe Partners, a Chicago-based private equity firm, has completed a platform acquisition of The Hope House, LLC, a Scottsdale-based in-patient residential operator providing behavioral health and substance abuse rehabilitation services. Financial terms were not disclosed; Traverse Pointe said it will invest capital and resources to expand the company's service offerings and broaden its geographic reach.

Spero Health Acquires My Turning Point

October 3, 2022

Healthcare Services

Spero Health, a PE-backed national outpatient addiction treatment provider, has acquired My Turning Point, a Kentucky-based outpatient addiction treatment program with four clinic locations (Stanford, Russell Springs, Nicholasville and Cynthiana). The deal expands Spero's network across Kentucky and increases local capacity for medication‑assisted and integrated behavioral health services.

Professional Physical Therapy Acquires Somerset Family Physical Therapy

May 31, 2022

Healthcare Services

Professional Physical Therapy (Melville, NY) has acquired Somerset Family Physical Therapy, a single-clinic orthopedic outpatient practice in Somerset, New Jersey. The clinic will continue operating under Professional Physical Therapy with founder Kevin Kurtz remaining as Clinic Director, expanding Professional's New Jersey footprint and patient access to insurance networks and telehealth services.

Lee Equity Partners Invests in Therapy Partner Solutions

January 14, 2022

Healthcare Services

Funds managed by Lee Equity Partners have invested in Therapy Partner Solutions (TPS), a Jacksonville-area physical therapy platform that operates approximately 60 owned and managed care sites across eight states and provides management, staffing, revenue cycle and compliance services. The TPS senior management team and existing investor Walnut Grove Capital Partners retained meaningful equity; financial terms were not disclosed.

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.

Traverse Pointe Partners Acquires Small Miracles

November 5, 2019

Education

Traverse Pointe Partners, a Chicago-based private equity firm, acquired Small Miracles, a multi-location daycare and early education provider operating 10 centers across Arizona. Traverse said it will partner with Small Miracles' existing management to support organic growth and add-on acquisitions to expand the company's geographic footprint; financial terms were not disclosed.