M&A Deal Summary

Encore Rehabilitation Acquires Select Medical Holdings Corp - Contract Therapy Business

On March 31, 2016, Encore Rehabilitation acquired healthcare services company Select Medical Holdings Corp - Contract Therapy Business from Select Medical for 65M USD

Acquisition Highlights
  • This is Encore Rehabilitation’s 1st transaction in the Healthcare Services sector.
  • This is Encore Rehabilitation’s largest (disclosed) transaction.
  • This is Encore Rehabilitation’s 1st transaction in the United States.

M&A Deal Summary

Date 2016-03-31
Target Select Medical Holdings Corp - Contract Therapy Business
Sector Healthcare Services
Buyer(s) Encore Rehabilitation
Sellers(s) Select Medical
Deal Type Divestiture
Deal Value 65M USD

Target

Select Medical Holdings Corp - Contract Therapy Business

United States
Select Medical Holdings Corp - Contract Therapy Business is an operator of rehabilitation clinics.

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Buyer(S) 1

Buyer

Encore Rehabilitation

Farmington Hills, Michigan, United States

Category Company
Founded 2007
Sector Healthcare Services
DESCRIPTION

Encore Rehabilitation is a provider of rehabilitative therapy services to skilled nursing and assisted living facilities. Encore Rehabilitation was founded in 2007 and is based in Farmington Hills, Michigan.


DEAL STATS #
Overall 1 of 2
Sector (Healthcare Services) 1 of 2
Type (Divestiture) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-06 Evergreen Rehabilitation

Louisville, Kentucky, United States

Evergreen Rehabilitation LLC is a provider of outsourced rehabilitation and management services to long-term care facilities including skilled nursing and assisted living facilities. Evergreen provides physical, occupational, and speech therapy services to over 100 client facilities across more than 20 states.

Buy -

Seller(S) 1

SELLER

Select Medical

Mechanicsburg, Pennsylvania, United States

Category Company
Founded 1996
Sector Healthcare Services
Employees351,000
Revenue 5.5B USD (2020)
DESCRIPTION

Select Medical is an operator of acute care hospitals, medical rehabilitation hospitals. Select Medical Holdings was founded in 1996 and is based in Mechanicsburg, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-04 Physiotherapy Associates

Exton, Pennsylvania, United States

Physiotherapy Associates, Inc. is a provider of outpatient physical rehabilitation care offering a wide range of services, including general orthopedics, spinal care and neurological rehabilitation, as well as orthotics and prosthetics services.

Buy $400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Acuity Healthcare

Charlotte, North Carolina, United States

Acuity Healthcare is an employee-owned (ESOP) long-term acute care hospital company (LTACH). Acuity Healthcare currently owns and manages four LTACHs with five locations in New Jersey and West Virginia. Acuity Healthcare was founded in 2001 with headquarters in Charlotte, North Carolina.

Buy -