M&A Deal Summary

Accord Asset Partners Acquires WestStar Physical Therapy Network

On September 9, 2025, private equity firm Accord Asset Partners acquired healthcare services company WestStar Physical Therapy Network

Acquisition Highlights
  • This is Accord Asset Partners’ 1st transaction in the Healthcare Services sector.
  • This is Accord Asset Partners’ 1st transaction in the United States.
  • This is Accord Asset Partners’ 1st transaction in California.

M&A Deal Summary

Date 2025-09-09
Target WestStar Physical Therapy Network
Sector Healthcare Services
Buyer(s) Accord Asset Partners
Deal Type Recapitalization
Advisor(s) Provident Healthcare Partners (Financial)
Husch Blackwell (Legal)

Target

WestStar Physical Therapy Network

Garden Grove, California, United States
WestStar Physical Therapy Network is a specialized physical therapy operator in Southern California, exclusively treating workers' compensation and auto injury patients. WestStar Physical Therapy Network was founded in 1980 and is based in Garden Grove, California.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

DESCRIPTION

Accord Asset Partners is a private equity firm focused on partnering with founders of lower middle-market businesses across the US. The Firm seeks businesses with $1 to $15 million of EBITDA looking for its first institutional financial partner. The Firm does not have any stated sector preferences. Accord Asset Partners was founded in 1995 and is based in San Diego, California.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Recapitalization M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1