Operating Company Healthcare

Physical Rehabilitation Network

Frisco, Texas, United States

Network of independently operated outpatient physical and hand rehabilitation centers in the western U.S. that supports therapist partners with revenue cycle management, human resources, regional business development, and contract opportunities, while enabling clinic operations and growth.

Focus Areas
Outpatient physical therapy, Outpatient hand therapy, Practice management / back-office support
Website
www.prnpt.com

Tracked deals

12

12 tracked deals across 2018-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

10 addon · 2 buyout

Physical Rehabilitation Network Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Physical Rehabilitation Network. 1 2018 1 2019 7 2021 2 2022 1 2025

Supporting Data

Recent Transactions

  • Buyer
    Physical Rehabilitation Network (PRN), Gryphon Investors
    Target
    Spine & Sport Physical Therapy
    Type
    Addon

    Physical Rehabilitation Network (PRN), a Gryphon Investors portfolio company, has acquired California-based Spine & Sport Physical Therapy, adding 51 clinics across Southern and Northern California to PRN's network. Spine & Sport's CEO Brett Raasch and the management team will remain in place as the business joins PRN's California brands to expand access to outpatient physical therapy services.

  • Buyer
    Physical Rehabilitation Network (PRN), Gryphon Investors
    Target
    Gillette Physical Therapy
    Type
    Addon

    Physical Rehabilitation Network (PRN), a Gryphon Investors-backed owner-operator of nearly 200 outpatient physical therapy clinics, acquired Gillette Physical Therapy, a single-clinic provider in Gillette, Wyoming. The acquisition marks PRN's entry into Wyoming and is intended to provide clinical and operational support to Gillette PT while expanding PRN's Mountain West footprint.

  • Buyer
    Physical Rehabilitation Network (PRN), Gryphon Investors
    Target
    Kinetix Advanced Physical Therapy
    Type
    Addon

    Physical Rehabilitation Network (PRN), a Gryphon Investors-backed physical therapy practice management organization, acquired Kinetix Advanced Physical Therapy, which operates two clinics in Valencia and Lancaster, California. The deal expands PRN's California footprint to 62 clinics and will integrate Kinetix's orthopedic, aquatic, and vestibular rehabilitation services into PRN's platform.

  • Buyer
    Physical Rehabilitation Network, Gryphon Investors
    Target
    Bonney Lake Physical Therapy & Hand Rehab
    Seller
    Michael Egbert, Brandy Campbell
    Type
    Addon

    Physical Rehabilitation Network (PRN), a Gryphon Investors-backed physical therapy practice management platform, acquired Bonney Lake Physical Therapy & Hand Rehab, an outpatient clinic in Bonney Lake, Washington. The clinic becomes PRN's 22nd location in Washington as PRN expands its regional footprint and augments its hand and outpatient therapy capabilities.

  • Buyer
    Physical Rehabilitation Network (PRN)
    Target
    Albany Physical Therapy
    Type
    Addon

    Physical Rehabilitation Network (PRN) has acquired Albany Physical Therapy, an outpatient clinic in Albany, California, expanding PRN's California footprint to 59 clinics. PRN, a portfolio company of Gryphon Investors, will integrate Albany Physical Therapy's services — including orthopedic manual therapy, sports medicine and neurological rehabilitation — into its clinic network.

  • Buyer
    Physical Rehabilitation Network (PRN), Gryphon Investors
    Target
    360 Physical Therapy
    Type
    Addon

    Physical Rehabilitation Network (PRN), a portfolio company of Gryphon Investors, has acquired 360 Physical Therapy, a Chandler, Arizona–based operator of 19 outpatient clinics across Arizona and Oklahoma. The deal expands PRN's footprint in Arizona, introduces PRN into Oklahoma, and brings 360 PT access to PRN's operational resources to support continued clinic and service growth.

  • Buyer
    Physical Rehabilitation Network (PRN)
    Target
    Synergy Therapies
    Type
    Addon

    Physical Rehabilitation Network (PRN), a Carlsbad, California-based physical therapy provider and practice management organization, has acquired Synergy Therapies' two outpatient clinics in Independence and Oak Grove, Missouri. The add-on expands PRN's nationwide footprint to 156 clinics across 15 states; PRN is a portfolio company of Gryphon Investors.

  • Buyer
    Physical Rehabilitation Network (PRN), Gryphon Investors
    Target
    Rocklin Physical Therapy, Inc.
    Seller
    Rocklin Physical Therapy, Inc., John Zieour
    Type
    Addon

    Physical Rehabilitation Network (PRN), a Gryphon Investors-backed physical therapy platform, has acquired Rocklin Physical Therapy, Inc., adding PRN's first clinic in the Sacramento area and bringing PRN's California footprint to 51 clinics (156 locations nationally). The acquisition covers Rocklin PT's sole 6,000 sq. ft. outpatient clinic; founder John Zieour was advised by MT Consulting and PRN was advised by PwC, FTI and Bass, Berry & Sims.

  • Buyer
    Physical Rehabilitation Network (PRN), Gryphon Investors
    Target
    Professional Rehabilitation Associates, PSC
    Type
    Addon

    Physical Rehabilitation Network (PRN), a Carlsbad-based physical therapy provider and portfolio company of Gryphon Investors, acquired Professional Rehabilitation Associates, PSC (PRA), adding three outpatient clinics and management of one inpatient physical therapy center in Kentucky. The deal expands PRN's national footprint to roughly 150 clinics across 14 states and marks PRN's entry into the Kentucky market.

  • Buyer
    Physical Rehabilitation Network (PRN)
    Target
    Performance Physical Therapy, Inc.
    Seller
    Kirk Sachtler
    Type
    Addon

    Physical Rehabilitation Network (PRN), a Carlsbad, California-based practice management and physical therapy operator, has acquired Performance Physical Therapy, Inc., a Reno, Nevada outpatient clinic founded in 2010 by Kirk Sachtler. The deal expands PRN’s Nevada clinic network to nine locations and brings Performance’s orthopedic, spine and sports rehabilitation services into the PRN platform.

  • Buyer
    Physical Rehabilitation Network (PRN)
    Target
    Team Rehab
    Seller
    Stan Gorman (founder of Team Rehab)
    Type
    Buyout

    Physical Rehabilitation Network (PRN), a Carlsbad, California–based operator of outpatient rehabilitation clinics, has acquired Team Rehab, a Portland-based integrative outpatient rehab group operating three clinics in Portland, Clackamas and Tualatin, Oregon. The deal expands PRN’s Pacific Northwest footprint (bringing its clinic count in the region to 26) and represents PRN’s first entry into Oregon.

  • Buyer
    Physical Rehabilitation Network (PRN)
    Target
    Highline Physical Therapy
    Seller
    Craig Kopet, PT
    Type
    Buyout

    Physical Rehabilitation Network (PRN), a privately held therapy network, has acquired Highline Physical Therapy, adding five outpatient clinics and one inpatient setting in South King County, Washington. The acquisition expands PRN’s Washington footprint to 15 outpatient clinics and one inpatient clinic and secures continuity of care under PRN’s regional leadership while preserving the Highline team and brand values.

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