Announced
Completed
Financials
Sources
Tags
Acquisition
Majority
Private
United States
physical therapy
Health Care Services
Domestic
Completed
Friendly
Single Bidder
Synopsis
Enlyte, a cost-containment technology provider, completed the acquisition of Therapy Direct, a national physical therapy provider network, from Upstream Rehabilitation, a provider of outpatient physical and occupational therapy services. Financial terms were not disclosed. "Enlyte is pleased to be working together with Therapy Direct to bring physical therapy to the Enlyte ecosystem. This acquisition reinforces our ongoing commitment to customers to provide quality casualty solutions and services in response to their growing needs. Through our investment in Therapy Direct we will expand the breadth of Enlyte's clinical services with the deepest understanding of our industry and significantly build upon our network offerings," Alex Sun, Enlyte CEO.
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