Operating Company Healthcare

CORA Health Services

Charlotte, North Carolina, United States

Operator of a network of outpatient rehabilitation clinics providing physical, occupational, and rehabilitation therapy (mission “Treating Everyone Right”).

Focus Areas
Outpatient physical therapy, Outpatient occupational therapy, Speech therapy

Tracked deals

6

6 tracked deals across 2019-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

6 addon

CORA Health Services Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for CORA Health Services. 3 2019 2 2022 1 2025

Supporting Data

Recent Transactions

  • Buyer
    CORA Health Services, Inc. (d/b/a CORA Physical Therapy)
    Target
    One to One Physical Therapy
    Type
    Addon

    CORA Health Services (d/b/a CORA Physical Therapy) has acquired the four-clinic One to One Physical Therapy platform, adding locations in Boca Raton, Boynton Beach, Delray Beach and Palm Springs, Florida. The deal expands CORA's South Florida footprint and densifies its national outpatient rehabilitation network (bringing CORA to more than 250 clinics), while preserving continuity of care for local patients and staff.

  • Buyer
    CORA Health Services / CORA Physical Therapy, H.I.G. Capital
    Target
    Greenfield Physical Therapy, Lava Physical Therapy
    Location
    United States
    Type
    Addon

    CORA Physical Therapy, a portfolio company of H.I.G. Capital, acquired Greenfield Physical Therapy (two clinics in Spooner and Hayward, Wisconsin) and Lava Physical Therapy (two clinics in Hilton Head, South Carolina), expanding CORA's outpatient PT footprint in the Midwest and Southeast. Terms were not disclosed; Greenfield's founder Amy Greenfield will remain on staff as CORA Senior Clinic Manager.

  • Buyer
    CORA Health Services (CORA Physical Therapy), H.I.G. Capital
    Target
    Alliant Physical Therapy Group, Can Do Physical Therapy, Keck Physical Therapy
    Seller
    Chad Novasic, Barry Arem, Robert Keck
    Type
    Addon

    CORA Health Services (d/b/a CORA Physical Therapy), a portfolio company of H.I.G. Capital, has acquired Alliant Physical Therapy Group, a seven-clinic operator in Milwaukee and Kenosha, Wisconsin. CORA also expanded its footprint with acquisitions of Can Do Physical Therapy (Jesup, Georgia) and Keck Physical Therapy (Hendersonville, North Carolina) to broaden its geographic presence in Wisconsin, Georgia and North Carolina.

  • Buyer
    CORA Physical Therapy, Gryphon Investors
    Target
    Blacksburg Physical Therapy Associates, Inc.
    Type
    Addon

    CORA Physical Therapy, a Gryphon Investors-backed outpatient rehabilitation operator, has acquired Blacksburg Physical Therapy Associates, which operates three clinics in Blacksburg, Christiansburg and Radford, Virginia. The acquisition expands CORA's Virginia footprint to 11 clinics; Blacksburg PT Principal Cindy Henderson will remain involved in management. Terms were not disclosed.

  • Buyer
    CORA Physical Therapy, Gryphon Investors
    Target
    Orthopedic and Sports Therapy Institute (OSTI)
    Seller
    Josh Meyers, Donnie Early, Steve Merema
    Type
    Addon

    CORA Physical Therapy, a Gryphon Investors-backed national outpatient rehabilitation platform, has acquired Orthopedic and Sports Therapy Institute (OSTI), adding six clinics in the Rockford, Illinois area (Rockford, Belvidere, Marengo, Ogle County, Poplar Grove and Sauk Valley). The deal expands CORA's Midwest footprint; OSTI principals Josh Meyers, Donnie Early, and Steve Merema will remain involved in management. Terms were not disclosed.

  • Buyer
    CORA Health Services (CORA Physical Therapy), Gryphon Investors
    Target
    Elite Physical Therapy (Elite PT), Advanced Physical Therapy (Advanced PT), Coastal Physical Therapy, Coastal Hand Therapy, Dynamic Physical Therapy of Florence
    Seller
    Shane Lawler, Scott Schuessler, Lester "Trey" Hammond, Cara Hammond, Owners of Coastal Physical Therapy and Coastal Hand Therapy (Beaufort, SC), Owner of Dynamic Physical Therapy of Florence (Florence, SC)
    Location
    United States
    Type
    Addon

    CORA Health Services (doing business as CORA Physical Therapy), a portfolio company of Gryphon Investors, acquired several outpatient physical therapy clinic groups — Elite Physical Therapy of St. Louis (5 clinics), Advanced Physical Therapy of Central Florida (6 clinics) — and three individual clinics in South Carolina (Coastal Physical Therapy, Coastal Hand Therapy, and Dynamic Physical Therapy of Florence). The transactions expand CORA's footprint to more than 200 clinics across nine states; terms were not disclosed.

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