U.S. Physical Therapy Acquires Majority Interest in a Four Clinic Physical Therapy Practice in Minnesota

U.S. Physical Therapy, Inc., announced today that it has acquired a majority interest in a four clinic physical therapy practice.

The practice produced $4.3 million in revenue in 2017. U.S. Physical Therapy acquired a 70% interest for $7.7 million. The remaining 30% partnership stake is being retained by existing management.

Date: September 10, 2018

Source: BusinessWire