Q4-2017 Rehabilitation Update– Strong deal flow in the rehabilitation sector persisted in the final quarter of 2017. Provident expects add-on acquisition activity, which was particularly strong in 2017, to remain strong in the upcoming quarters.
Q3-2017 Rehabilitation Update– Transaction activity with the rehabilitation sector remained robust in the third quarter of 2017. Strategic acquirers continued to consolidate the market at a rampant pace, and a new private equity platform was formed.
Q2-2017 Rehabilitation Update– Deal flow in the rehabilitation space persisted in the second quarter of 2017 as both strategic acquirers and private equity groups sought to expand their highly-demanded rehabilitation services that offer cost-effective alternatives to surgery.
Transaction Advisory– Sports and Physical Therapy Associates has been acquired by ATI Physical Therapy. SPTA is a group of physical therapy professionals devoted to providing the community with the most up-to-date injury detection, post injury rehab, and sports specific training.
Transaction Advisory – National Pain Institute (NPI) has been acquired by Prospira PainCare. NPI is comprised of 11 physicians providing comprehensive interventional pain management (IPM) services as well as spinal and podiatric care.
Transaction Advisory – The Spine Center has completed a recapitalization with New York-based private equity firm Sentinel Capital Partners. Located in Maryland, The Spine Center provides various medical and professional services within the interventional pain management (IPM) specialty.
“While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction. Provident was the right choice for Cascade and I would recommend their services to anyone.”
“After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”
”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”
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