M&A Deal Summary

Alliance Acquires Agility Health - U.S. Operations

On February 6, 2018, Alliance acquired healthcare services company Agility Health - U.S. Operations from Agility Health for 45M USD

Acquisition Highlights
  • This is Alliance’s 7th transaction in the Healthcare Services sector.
  • This is Alliance’s largest (disclosed) transaction.
  • This is Alliance’s 7th transaction in the United States.
  • This is Alliance’s 1st transaction in Michigan.

M&A Deal Summary
Date 2018-02-06
Target Agility Health - U.S. Operations
Sector Healthcare Services
Buyer(s) Alliance
Sellers(s) Agility Health
Deal Type Divestiture
Deal Value 45M USD

Target

Agility Health - U.S. Operations

Grand Rapids, Michigan, United States
Agility Health, Inc. - U.S. Operations division operates over 50 outpatient or on-site physical therapy clinics, and also provides contract rehabilitation services to over 90 hospitals, inpatient rehabilitation units, long-term care facilities, and industrial worksites across 21 states.

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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 7 of 7
Sector (Healthcare Services) 7 of 7
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 7 of 7
Year (2018) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-29 Alliance Physical Therapy Partners - Long-Term Care Unit

Tampa, Florida, United States

Alliance Physical Therapy Partners - Long-Term Care Unit division that delivers outsourced therapy services to long-term care facilities.

Sell -

Seller(S) 1

SELLER

Agility Health

Grand Rapids, Michigan, United States
Category Company
Founded 1968
Sector Healthcare Services
Employees1,050
DESCRIPTION

Agility Health provides high-value rehabilitation solutions, including physical therapy, occupational therapy, speech pathology services and clinical management software to healthcare providers and employers. It also provide quality clinical services and expertise designed to meet your rehabilitative care needs.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-24 Work-Fit

Glastonbury, Connecticut, United States

Work-Fit brings a proven sports medicine/athletic training model into the workplace and currently serves more than 50,000 client employees across job sites in 10 states. Work-Fit implements customized programs that include individual and group-based solutions, first aid-level interventional services, and other rehabilitation and treatment-based solutions. Utilizing a distinctive “industrial-athlete” model that delivers affordable, effective solutions for clients, Work-Fit drives substantial savings in workers compensation costs and significant decreases in on-the-job injury rates.

Buy -
Mergr

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