M&A Deal Summary

Alliance Acquires SOL Physical Therapy + Performance Training

On December 19, 2017, Alliance acquired healthcare services company SOL Physical Therapy + Performance Training

Acquisition Highlights
  • This is Alliance’s 5th transaction in the Healthcare Services sector.
  • This is Alliance’s 5th transaction in the United States.
  • This is Alliance’s 1st transaction in California.

M&A Deal Summary
Date 2017-12-19
Target SOL Physical Therapy + Performance Training
Sector Healthcare Services
Buyer(s) Alliance
Deal Type Add-on Acquisition

Target

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.

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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 5 of 7
Sector (Healthcare Services) 5 of 7
Type (Add-on Acquisition) 5 of 6
State (California) 1 of 1
Country (United States) 5 of 7
Year (2017) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-24 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-26 Franklin Rehabilitation

Franklin, Wisconsin, United States

Franklin Rehabilitation which provides specialized rehabilitation services at two physical therapy clinics in the Milwaukee suburb of Franklin, Wisconsin. Company offers specialized rehabilitation services to patients suffering from a variety of maladies related to the musculoskeletal and neurological systems, including back and neck conditions, sports and work-related injuries, neurological disorders, and general orthopedic problems.

Buy -
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