Operating Company Healthcare

Therapy Partners Group

Bolingbrook, Illinois, United States

Formerly known as Golden Bear Physical Therapy, Golden Bear Physical Therapy (Golden Bear), Golden Bear Physical Therapy Rehabilitation & Wellness

A multi-brand outpatient therapy platform supporting physical and occupational therapy practices. Its family of brands operates clinics across multiple U.S. states, providing patient care alongside clinical and operational support for therapy professionals and practice owners.

Focus Areas
Outpatient physical therapy, Occupational therapy, Orthopedic and sports rehabilitation

Tracked deals

3

3 tracked deals across 2021-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

3 addon

Therapy Partners Group Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Therapy Partners Group. 2 2021 1 2024

Supporting Data

Recent Transactions

  • Buyer
    Golden Bear Therapy Partners, Therapy Partners Group
    Target
    Northwest Rehabilitation Associates
    Seller
    Mike Studer
    Type
    Addon

    Golden Bear Therapy Partners, part of Therapy Partners Group, acquired Northwest Rehabilitation Associates (NWRA), a four-location outpatient physical therapy group in Salem, Oregon. NWRA owner Mike Studer transitioned to a staff therapist, advisory board member and partner with Golden Bear as the clinics join the Therapy Partners network to support regional expansion and clinical development.

  • Buyer
    Golden Bear Physical Therapy, Shore Capital Partners
    Target
    Cleburne Physical Therapy & Sports Rehabilitation (dba Real Performance Physical Therapy)
    Seller
    Owners of Cleburne Physical Therapy & Sports Rehabilitation (Real Performance Physical Therapy)
    Type
    Addon

    Golden Bear Physical Therapy, a portfolio company of Shore Capital Partners, acquired Cleburne Physical Therapy & Sports Rehabilitation (dba Real Performance Physical Therapy) in a deal that closed December 28, 2021. The acquisition adds the Cleburne and Burleson, Texas outpatient clinics to Golden Bear's growing network of rehabilitation and physical therapy practices.

  • Buyer
    Golden Bear Therapy Partners, Shore Capital Partners
    Target
    Greater Therapy Centers
    Seller
    Dena Aitken, Richard Kelly
    Type
    Addon

    Golden Bear Therapy Partners acquired Greater Therapy Centers on June 6, adding 27 clinics across the Dallas–Fort Worth area to its outpatient physical therapy platform. Co-owners Dena Aitken and Richard Kelly will remain with the business while Golden Bear (with involvement from Shore Capital Partners leadership) provides administrative support to drive regional expansion and operational growth.

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