USPH - U.S. Physical Therapy acquires physical therapy practice for $19.3M
- U.S. Physical Therapy ( NYSE: USPH ) said Tuesday it acquired a 60% stake in a 14-clinic physical therapy practice, with the owners retaining 40%, for ~$19.3M.
- The deal includes a potential additional payout based on the performance of the business.
- The business currently generates over $9M in annualized revenue.
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U.S. Physical Therapy acquires physical therapy practice for $19.3M