M&A Deal Summary

Alliance Acquires Back in Motion Physical Therapy

On August 24, 2017, Alliance acquired healthcare services company Back in Motion Physical Therapy

Acquisition Highlights
  • This is Alliance’s 4th transaction in the Healthcare Services sector.
  • This is Alliance’s 4th transaction in the United States.
  • This is Alliance’s 1st transaction in Maine.

M&A Deal Summary
Date 2017-08-24
Target Back in Motion Physical Therapy
Sector Healthcare Services
Buyer(s) Alliance
Deal Type Add-on Acquisition

Target

Back in Motion Physical Therapy

Gorham, Maine, United States
Back in Motion Physical Therapy LLC operates three outpatient physical therapy centers which treat approximately 700 patients per week around Portland, Maine. The company, which experienced 11.3% growth in patient numbers between 2015 and 2016, has built a strong community reputation through its broad network of referring physicians and regular local TV news segments.

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Buyer(S) 1

Buyer

Alliance

Grand Rapids, Michigan, United States
Category Company
Founded 2017
Sector Healthcare Services
DESCRIPTION

Alliance is a national physical therapy operator offering outpatient physical therapy across a network of 90+ clinics in 14 states. Alliance offers virtual physical therapy, a workplace therapy solution, in-hospital services, and a comprehensive electronic medical record platform. Alliance was founded in 2017 and is headquartered in Grand Rapids, Michigan.

DEAL STATS #
Overall 4 of 7
Sector (Healthcare Services) 4 of 7
Type (Add-on Acquisition) 4 of 6
State (Maine) 1 of 1
Country (United States) 4 of 7
Year (2017) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-24 Rehab Access

Belle Chasse, Louisiana, United States

Rehab Access operates two physical therapy clinics in the greater New Orleans metropolitan area. The firm currently employs eight physical therapists who handle about 650 patient visits per week.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-19 SOL Physical Therapy + Performance Training

Oakland, California, United States

SOL Physical Therapy + Performance Training which operates three outpatient physical therapy clinics in the Oakland, Calif., area. Company has a well-staffed physical therapy group with 28 employees, including 10 physical therapy providers and 11 trainers/aides. The company’s three outpatient clinics offer a variety of physical therapy, performance training, fitness, and wellness care, including pain reduction/elimination, one-on-one and small-group training, restorative services, massage therapy, and prevention education.

Buy -
Mergr

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