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New Deal


Announced

CORA acquires OSTI.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

hospitals and clinics

Pending

Private

Friendly

physical therapy practice management

United States

Private Equity

Health Care Facilities

Single Bidder

Synopsis

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Gryphon Investors-backed CORA Health Services, operating under the name CORA Physical Therapy, a top-10 national operator of outpatient physical therapy services, acquires Orthopedic and Sports Therapy Institute(OSTI), a provider of general physical therapy and specialty programs. Financial terms were not disclosed. "We are pleased to welcome the team at OSTI to the CORA fold and excited to broaden our footprint in the Midwest. Our partnership provides the means for further growth as we deliver personalized care with respect and consideration for our patients' needs." Dennis Smith, CORA CEO.

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