Livingstone Physical Therapy Newsletter | Fall 2016

  • Ryan Buckley
  • Sep 2016
  • Healthcare
  • Debt Advisory
  • Management Advisory

Outpatient physical therapy is experiencing a decade-long M&A frenzy with no signs of abating. In the last 12 months alone, six physical therapy platforms have transacted, 35+ private practices have been acquired, and at least five sizable physical therapy platforms have launched sale processes.

With this significant activity altering the physical therapy landscape – combined with private practices being inundated with in-bound interest from prospective buyers – this newsletter aims to serve as an educational resource regarding the current state of the physical therapy M&A market. Also included herein is a feature on the implications to the physical therapy sector of value-based care and bundled payments.

Livingstone has had a front row seat to industry consolidation, advising on over a dozen sale or refinancing transactions with private practices, strategic buyers, and private equity investors. There has been neither a more compelling nor lucrative time to: (i) take chips off the table while also becoming an industry consolidator through a private equity recapitalization; (ii) pursue a full sale to a strategic buyer; or (iii) fund growth through debt financing. If strategic alternatives are being considered, Livingstone is available to advise through this critical process.


Files

Share this page

Key Contacts

STAY UP TO DATE WITH OUR Newsletter