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New Deal


Announced

Completed

HIG Capital completed the acquisition of CORA Physical Therapy from Gryphon Investors.

Financials

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

Tags

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Health Care Services

Acquisition

Domestic

Single Bidder

healthcare services

Private

United States

Friendly

Majority

rehabilitation

Private Equity

Completed

Synopsis

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HIG Capital completed the acquisition of CORA Physical Therapy, an outpatient rehabilitation company, from Gryphon Investors, a private equity firm. Financial terms were not disclosed. “We are excited to partner with the CORA team. We have been very impressed by CORA’s track record of growth and reputation for quality, and we believe there is significant opportunity ahead to continue the Company’s mission. We look forward to supporting CORA in both organic and acquisition-driven growth in its next stage of evolution," Alok Sanghvi, HIG Capital Managing Director.

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