Physical Therapy: An Emphasis on Outpatient Services

Senior woman in physical therapy walking with the help of her therapist

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HCLS Report Physical Therapy LI web-media

Harris Williams advised Lifemark Health Group, a portfolio company of Audax Group, on its sale to Loblaw Companies Limited, on behalf of its wholly owned subsidiary Shoppers Drug Mart. Lifemark is the leading provider of outpatient physiotherapy, massage therapy, and occupational therapy as well as chiropractic, mental health, and other ancillary rehabilitation services through its approximately 300 clinics across Canada.

Lifemark Health Group

Canada

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Mergers & Acquisitions

Harris Williams advised an affiliate of H.I.G. Capital (H.I.G.) on its acquisition of CORA Health Holdings Corp. and its subsidiaries, doing business as CORA Physical Therapy. CORA Physical Therapy is a leading operator of outpatient physical and occupational therapy clinics.

CORA Physical Therapy

United States

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A leading national provider of outpatient and specialized physical therapy services 
 
 Has been acquired by Revelstoke Single Asset Fund I, a newly formed special purpose vehicle affiliated with Revelstoke Capital Partners

Upstream Rehabilitation

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A leading owner and operator of outpatient physical therapy clinics. 
 
 A portfolio company of Goldman Sachs Merchant Banking Division 
 
 Has been acquired by Upstream Rehabilitation, Birmingham, Alabama 
 
 A portfolio company of Revelstoke Capital Partners

Drayer Physical Therapy Institute

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Harris Williams advised Ivy Rehab Network on its sale to funds affiliated with Waud Capital. Ivy Rehab is a national leader in outpatient musculoskeletal and pediatric rehabilitative services with a rapidly growing network of best-in-class outpatient physical, occupational, speech therapy, and ABA clinics located throughout the Northeast, Midwest, and Southeast regions of the United States. 

Ivy Rehab Network

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A leading provider of outpatient rehabilitation therapy services.

Upstream Rehabilitation Inc.

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A global human performance company 
 
 A portfolio company of Polaris Partners, ABS Capital Partners, Walgreens and Caltius Capital Management

EXOS

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Through its network of over 80 clinics in 14 states, Drayer provides rehabilitation services to treat orthopedic, sports-injury, and occupational health needs.

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