Add-on Acquisition • Healthcare Services

Phoenix Physical Therapy Acquires Black Mountain Physical Therapy

On September 5, 2019, Phoenix Physical Therapy acquired healthcare services company Black Mountain Physical Therapy

Acquisition Context
  • This is Phoenix Physical Therapy’s 4th transaction in the Healthcare Services sector.
  • This is Phoenix Physical Therapy’s 4th transaction in the United States.
  • This is Phoenix Physical Therapy’s 1st transaction in North Carolina.

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M&A Deal Summary

Date September 5, 2019
Target Black Mountain Physical Therapy
Sector Healthcare Services
Buyer(s) Phoenix Physical Therapy
Deal Type Add-on Acquisition

Target Company

Black Mountain Physical Therapy

Black Mountain, North Carolina, United States
Black Mountain Physical Therapy provides a full array of Physical Therapy services to meet the needs of residents in the Black Mountain, Asheville, and Swannanoa Valley areas. Black Mountain Physical Therapy is based in Black Mountain, North Carolina.
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Buyer Overview 1

Buyer

Phoenix Physical Therapy

Cranberry Township, Pennsylvania, United States

Category Company
Founded 1997
Sector Healthcare Services
DESCRIPTION

Phoenix Physical Therapy is a provider of physical and occupational therapy services throughout Pennsylvania, including sports rehabilitation, orthopedic rehabilitation, home health physical therapy, and occupational health services. Phoenix Physical Therapy was founded in 1997 and is based in Cranberry Township, Pennsylvania.


Deal Context for Buyer #
Overall 4 of 11
Sector: Healthcare Services 4 of 8
Type: Add-on Acquisition 4 of 11
State: North Carolina 1 of 1
Country: United States 4 of 11
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-03 Aldridge Physical Therapy

Auburn, Alabama, United States

Aldridge Physical Therapy is an own and operator of physical therapy clinic and a fitness/wellness centers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Physical Therapy Etc.

Chambersburg, Pennsylvania, United States

Physical Therapy Etc. provides a full array of physical therapy, occupational therapy and speech services. Physical Therapy was established in 1981 and is based in Chambersburg, Pennsylvania.

Buy -