Alliance Physical Therapy Partners has been acquired by BPOC
Overview
| Deal Type | Mergers & Acquisitions |
|---|---|
| Client & Transactional Partners |
Alliance Physical Therapy Partners BPOC |
Our Role | Sell-Side Advisor |
Summary
Christian Pesci | Wyatt Ritchie | Joseph Quinn
Alliance Physical Therapy Partners, a leading national physical therapy operator has been acquired by BPOC. The Company’s management team will continue to lead Alliance in order to execute on its growth strategy and vision. Additional terms of the transaction were not disclosed.
Cain Brothers, a division of KeyBanc Capital Markets, served as exclusive financial advisor to Alliance Physical Therapy Partners, a portfolio company of GPB Capital, on its sale to BPOC. Financial terms were not disclosed.
Alliance Physical Therapy Partners is a leading, national physical therapy operator with 14 distinct outpatient physical therapy brands comprising 90+ locations and a network of 450+ licensed clinicians. In addition to operating a network of outpatient clinics, Alliance partners with hospitals and various industries by providing white-labeled contracted therapy and on-site injury prevention services. Founded in 2017 and headquartered in Grand Rapids, Michigan, Alliance Physical Therapy Partners is committed toward delivering quality and compassionate services for patients nationwide.
Founded in 1996, BPOC is a Chicago-based private equity firm that invests exclusively in healthcare companies and is one of the nation's most experienced investors in the industry having raised five funds with total capital commitments of nearly $1.8 billion. BPOC has invested in numerous provider, manufacturing, outsourcing, distribution and information technology companies through growth equity, management buyouts and leveraged recapitalizations.
