Transaction · April 2024 · New York
Martin Healthcare Advisors advises ProFitness Physical Therapy on its sale to JAG Physical Therapy
ProFitness Physical Therapy, a private and therapist-owned practice with clinics in Manhattan and Brooklyn, New York, was acquired by JAG Physical Therapy. The practice began nearly 40 years ago in a small office on the Upper East Side and grew to serve the Manhattan and Brooklyn Heights communities.
April 2024
has been acquired by
has been acquired byThe transaction
At a glance
- Seller
- ProFitness Physical Therapy
- Practice
- Private, therapist-owned
- Locations
- Manhattan and Brooklyn Heights, NY (2 clinics)
- Founded
- 1986 by Scott Bedson and Ken Schlinger
- 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 ProFitness.
In their words
From the announcement
“We are confident that our acquisition by JAG will advance our mission and fuel our continued journey. We look forward to combining our strengths with JAG’s extensive patient programs and most importantly their proven history of excellent patient care.”
“We are excited about the opportunities that this acquisition unlocks. Combining our expertise with JAG Physical Therapy’s regional reach and resources will enable us to increase access, accelerate innovation and create new standards in patient care.”
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