Q4-2016 Rehabilitation Update-If 2016 is any indication, the next stage of private equity investment in outpatient physical therapy is in full swing as both Great Point Partners and Harvest Partners exited their respective investments in Professional Physical Therapy and Athletico Physical Therapy to other private equity firms in the fourth quarter.
Q3-2016 Rehabilitation Update– The third quarter was headlined by Gryphon Investors’ second investment into the outpatient physical therapy sector through its recapitalization of CORA Health Services. The private equity firm previously owned a majority position within Accelerated Rehabilitation Centers.
Q2-2016 Rehabilitation Update– ATI Physical Therapy and Professional Physical Therapy led the way for a busy quarter of add-on acquisitions. While ATI’s activity is no surprise, Professional has emerged as a very active consolidator with five add-ons through year-to-date June and a total of 11 tuck-in acquisitions over the last 12 months.