Athletico Physical Therapy closes buy of Accelerated Rehab

Athletico Physical Therapy, which is backed by Harvest Partners, has acquired Accelerated Rehabilitation Centers from OMERS Private Equity. Financial terms weren’t announced. The deal, announced in November, closed December 2. Jefferies provided financial advice to accelerated.


PE-backed Athletico to acquire Accelerated Rehabilitation Centers

Athletico Physical Therapy, which is backed by Harvest Partners, has agreed to buy Accelerated Rehabilitation Centers. No financial terms were disclosed for the transaction, which is expected to be completed in the fourth quarter of this year. Jefferies was financial advisor to Accelerated on the deal. Based in Chicago, Accelerated is a provider of outpatient rehabilitation services.

Gryphon Completes Exit of Accelerated Rehabilitation

San Francisco-based private equity firm Gryphon Investors has completed the sale of its portfolio company Accelerated Rehabilitation Centers. OMERS Private Equity acquired the Chicago-based company, which provides outpatient physical therapy services. Terms of the deal were not released.

Accelerated Rehab Bulks Up

Accelerated Rehabilitation Centers, an outpatient physical therapy platform sponsored by Gryphon Investors, has recapitalized two physical therapy clinic groups: St. Louis-based PRORehab PC and Des Moines-based Therapy Services of Iowa. No financial terms were disclosed.

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