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New Deal


Announced

Completed

Upstream Rehabilitation completed the acquisition of Results Physiotherapy from Sterling Partners.

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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physical therapy

Single Bidder

Private

Friendly

Acquisition

United States

Private Equity

Health Care Services

Domestic

Majority

Completed

Synopsis

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Upstream Rehabilitation, an operator of a chain of outpatient rehabilitation centers, completed the acquisition of Results Physiotherapy, a provider of outpatient physical therapy services, from Sterling Partners, a diversified investment management platform. Financial terms were not disclosed. “With Sterling’s constant support, resources, industry expertise, and connections, we not only achieved our vision of growth with them, we’ve been set up to continue to successfully scale and expand with our new partner who brings additional strengths and capabilities to our patient base and corporate infrastructure," Michael Martin, Results Physiotherapy CEO.

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