U.S. Physical Therapy (via Briotix) Acquires Industrial Injury Prevention Business and Two-Clinic PT Practice

U.S. Physical Therapy Acquires Industrial Injury Prevention Business (70% Stake)

February 2, 2026

Healthcare Services

U.S. Physical Therapy (USPH) acquired a 70% interest in an unnamed industrial injury prevention business for approximately $15.1 million; the seller retained a 30% interest. The acquired business generates roughly $7.0 million in annual revenue and will expand USPH’s industrial injury prevention services and cross-selling opportunities with its existing client base.

U.S. Physical Therapy Acquires 70% Interest in Industrial Injury Prevention Services Company

December 1, 2021

Healthcare Services

U.S. Physical Therapy, Inc. acquired a 70% ownership interest in a leading provider of industrial injury prevention services for approximately $63.2 million, expanding the company's industrial injury prevention revenue base. The founders retain a 30% stake and remain as executive leaders; the purchase was financed using the company's revolving credit facility.

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 Six-Clinic Physical Therapy Practice

September 1, 2022

Healthcare Services

U.S. Physical Therapy, Inc. (USPH) acquired a 70% equity interest in a six-clinic physical therapy practice operating clinics in West Virginia and Pennsylvania for approximately $3.5 million. The practice generates over $2.5 million in annual revenue and will remain partly owned by the practice's founder and owners, who retain a 30% stake.

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.

U.S. Physical Therapy Acquires 60% Stake in Three-Clinic Physical Therapy Practice

August 1, 2025

Healthcare Services

U.S. Physical Therapy, Inc. (USPH) acquired a 60% interest in an unnamed three-clinic physical therapy practice that generates approximately $5.3 million in annual revenue and 28,000 annual visits; the practice's current owners retain a 40% stake. The transaction expands USPH's outpatient clinic footprint and brings the three clinics into its national network while preserving owner-level continuity.