M&A Deal Summary

SportsMed Physical Therapy Acquires Red Bank Physical Therapy

On January 9, 2024, SportsMed Physical Therapy acquired healthcare services company Red Bank Physical Therapy

Acquisition Highlights
  • This is SportsMed Physical Therapy’s 1st transaction in the Healthcare Services sector.
  • This is SportsMed Physical Therapy’s 1st transaction in the United States.
  • This is SportsMed Physical Therapy’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2024-01-09
Target Red Bank Physical Therapy
Sector Healthcare Services
Buyer(s) SportsMed Physical Therapy
Deal Type Add-on Acquisition

Target

Red Bank Physical Therapy

Monmouth County, New Jersey, United States
Red Bank Physical Therapy is a physical therapy provider in Monmouth County, New Jersey.

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Buyer(S) 1

Buyer

SportsMed Physical Therapy

Glen Rock, New Jersey, United States
Category Company
Founded 2004
Sector Healthcare Services
DESCRIPTION

SportsMed Physical Therapy is a multi-disciplinary physical therapy company with 39 locations across New Jersey and Connecticut. The Company offers comprehensive outpatient rehabilitation and wellness services, including physical therapy, occupational/hand therapy, chiropractic care, and acupuncture services. SportsMed was founded in 2004 and is based in Glen Rock, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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