Add-on Acquisition • Healthcare Services

Pivot Physical Therapy Acquires ProCare Physical Therapy

On March 22, 2017, Pivot Physical Therapy acquired healthcare services company ProCare Physical Therapy

Acquisition Context
  • This is Pivot Physical Therapy’s 1st transaction in the Healthcare Services sector.
  • This is Pivot Physical Therapy’s 1st transaction in the United States.
  • This is Pivot Physical Therapy’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date March 22, 2017
Target ProCare Physical Therapy
Sector Healthcare Services
Buyer(s) Pivot Physical Therapy
Deal Type Add-on Acquisition

Target Company

ProCare Physical Therapy

Towanda, Pennsylvania, United States
ProCare Physical Therapy is an outpatient physical therapy practice. ProCare Physical Therapy offices opened within these primary regions as additional region expansion occurred in Lancaster PA, Lewisburg PA, Western PA and into the state of Virginia. Today, there are over 20 ProCare physical therapy clinics, spanning across Pennsylvania and Virginia. Along with location expansion we have also expanded our service line to include ProCare Kids (a multi-disciplianary Pediatric team) occupational and speech therapy, hand therapy, school based physical therapy, athletic training services, golf performance training, concussion management and fitness and performance training.
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Buyer Overview 1

Buyer

Pivot Physical Therapy

Dover, Delaware, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Pivot Physical Therapy is a provider of physical therapy, aquatic therapy and sports medicine services with nearly 250 locations throughout the East Coast. Its staff is comprised of the region’s most reputable clinicians dedicated to providing the highest quality patient care.


Deal Context for Buyer #
Overall 1 of 3
Sector: Healthcare Services 1 of 3
Type: Add-on Acquisition 1 of 3
State: Pennsylvania 1 of 2
Country: United States 1 of 3
Year: 2017 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-29 Dynamic Physical Therapy & Aquatic Rehabilitation Centers

Linwood, Pennsylvania, United States

Dynamic Physical Therapy & Aquatic Rehabilitation Centers, Inc. is an outpatient physical therapy practice. The increase of more than 40 locations across Delaware, Pennsylvania, and Maryland, adds to the largest independent provider in the region, with nearly 250 locations throughout the East Coast.

Buy -