USPH - U.S. Physical Therapy acquires 65% of equity interests PF Practice for $10.3M

U.S. Physical Therapy (USPH) has acquired 65% of the equity interests of an eight-clinic physical therapy practice with the practice’s founder and owners retaining 35%.The purchase price was $10.3M. The business generates more than $7.3M in annual revenue and has ~65,000 patient visits per year. Chris Reading, Chief Executive Officer, stated, “We continue to attract great partners and this current opportunity is no different. We have a terrific group of highly motivated partners whom we are excited to help grow and scale forward.”

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U.S. Physical Therapy acquires 65% of equity interests PF Practice for $10.3M