IMAC - IMAC acquires Synergy Healthcare expanding Florida presence

IMAC Holdings (IMAC) soars 10% on acquisition of assets of NCH Chiropractic, PLLC dba Synergy Healthcare in Orlando, Florida; purchase price of Synergy Healthcare represents 1.4 times 2020 adjusted cashflow.Synergy Healthcare opened and operates in eastern Orlando and has demonstrated consistent profitability for ten years.IMAC anticipates implementing its regenerative rehabilitation offerings, to the clinic’s established services during the first half of 2021.This transaction expands IMAC’s presence to central Florida, adding Orlando to its Chiropractic Health of Southwest Florida, Inc, Bonita Springs clinic which it acquired in January 2020.

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IMAC acquires Synergy Healthcare, expanding Florida presence