M&A Deal Summary |
|
|---|---|
| Date | 2015-08-21 |
| Target | Elite Therapy |
| Sector | Healthcare Services |
| Buyer(s) | Drayer Physical Therapy Institute |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Healthcare Services |
Drayer Physical Therapy Institute is a operator of outpatient physical therapy clinics primarily focused on treating sports-related injuries and orthopedic disorders. The company operates 40 clinics, serving more than 30,000 patients annually. Drayer?s strategy is to operate its own clinics as well as to manage clinics owned by orthopedic physician groups. Drayer participates in a market that is gaining increasing awareness and acceptance among the provider and payor communities as physical therapy provides beneficial clinical outcomes at a fraction of the cost of surgeries or other diagnostic procedures. The company currently has owned and managed clinics in Pennsylvania, Kentucky, Maryland, New Jersey, New York, Georgia, and South Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Mississippi) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2015) | 1 of 1 |
