PT Solutions Acquires Regional Rehabilitation Services
June 27, 2014 / Investments
PT Solutions, a portfolio company of Chicago-based private equity firm New Harbor Capital, completed the acquisition of Regional Rehabilitation Services, a physical therapy and sports medicine practice located in Palm Harbor, Florida.
“PT Solutions is actively pursuing independently-owned physical therapy practices in both the company’s existing Southeast and Midwest geography as well as new markets across the U.S.,” said Tom Formolo, Partner at New Harbor Capital. “PT Solutions’ recent partnership with North Pinellas Hospital made Regional Rehabilitation Services a natural fit and the first of many practices to benefit from the management, marketing and development resources PT Solutions can provide.”
Headquartered in Atlanta, Georgia, PT Solutions operates a rapidly growing, unique hybrid model including both stand-alone, outpatient physical therapy clinics and management services contracts to provide physical therapy services for hospitals, physician groups and other partners. PT Solutions offers a comprehensive suite of services including physical, occupational and speech therapy, sports medicine, industrial rehabilitation and medical fitness though 54 locations in six states. For additional information, visit www.pt-solutions.us.