IMAC - IMAC acquires Fort Pierce Chiropractic for undisclosed amount

IMAC Holdings (IMAC) has purchased Fort Pierce Chiropractic effective today for an undisclosed amount, representing ~1x trailing twelve months cash flow. The acquisition further supports the company's focus on meeting increased demand and awareness for non-surgical movement and sports medicine services. Fort Pierce Chiropractic is IMAC's third Florida acquisition this year, expanding its geographic footprint in central Florida. IMAC medical staff will be available for new patient evaluations onsite and via telehealth starting June 21.Shares are down 3.54% PM.

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IMAC acquires Fort Pierce Chiropractic for undisclosed amount