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Announced

Completed

Athletico Physical Therapy completed the acquisition of Pivot Health Solutions from PennantPark.

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 clinics

Majority

Domestic

Private Equity

Friendly

Single Bidder

Health Care Facilities

Private

Acquisition

United States

Completed

Synopsis

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Athletico Physical Therapy, an orthopedic rehabilitation services provider, completed the acquisition of Pivot Health Solutions, a provider of physical therapy, from PennantPark, an investment firm. Financial terms were not disclosed. “The team at Pivot shares our dedication to delivering exceptional patient experiences, and they have done a tremendous job of developing meaningful relationships in the communities they serve. We are looking forward to working together to transform the lives of individuals throughout the Eastern region," Ron Rodgers, Athletico CEO.

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