US Physical Therapy acquires a nine-clinic practice for $16.4M and a 50% equity stake.
US Physical Therapy (USPH) acquires a nine-clinic physical therapy and hand therapy practice, paying $16.4M for a 50% equity stake. The acquired business generates ~$11.4M in annual revenues and 65,000 annual visits. USPH, founded in 1990, operates 678 clinics in 42 states, offering a range of services and managing 41 unaffiliated facilities. This acquisition will expand USPH's presence and enable growth in the market.
April 01, 2024
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