Transaction · June 2025 · Pennsylvania

Martin Healthcare Advisors advises Penn Therapy Associates on its sale to JAG Physical Therapy

Penn Therapy Associates, a private and therapist-owned physical therapy practice in Havertown, Pennsylvania, was acquired by JAG Physical Therapy. Founded by Mark E. Reitz in 1984, the practice has served the greater Philadelphia area for decades with orthopedic care and a specialty in neck and back rehabilitation.

June 2025Penn Therapy Associateshas been acquired byJAG Physical Therapy
The transaction

At a glance

Seller
Penn Therapy Associates
Practice
Private, therapist-owned
Location
Havertown, PA
Founded
1984 in Broomall by Mark E. Reitz, PT; reformed in Havertown in 1999
Focus
Orthopedic care, specializing in neck and back rehabilitation
Transaction
Sale to JAG Physical Therapy
Announced
MHA's role
Exclusive financial advisor to the seller. MHA initiated, structured and negotiated the transaction on behalf of Penn Therapy Associates.
In their words

From the announcement

“I first established Penn Therapy Associates with a commitment to ensuring that every patient deserves expert care. As a physical therapist myself, my team and I have upheld this mission over decades of service. JAG Physical Therapy is founded on the same values and will continue providing the same dedication to quality care. Our patients and staff are in good hands.”
Mark E. Reitz, PT, Founder of Penn Therapy Associates
More transactions

Other PT business owners MHA has advised

February 2025Performance RehabilitationWas acquired by JAG Physical TherapyJanuary 2025Loudoun Physical TherapyWas acquired by PT Solutions Physical TherapyApril 2024ProFitness Physical TherapyWas acquired by JAG Physical Therapy

See all transactions →

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