Transaction · December 2022 · New York
Martin Healthcare Advisors advises Sports PT of NY on its partnership with MVPT Physical Therapy
Sports PT of NY, a private and therapist-owned practice with six clinics across upstate New York, entered into a strategic partnership with MVPT Physical Therapy, an affiliate of Cypress Health Partners. Founder Lynn Steenberg, PT, ATC, became MVPT's New York Regional Director, and Sports PT of NY became MVPT's first partner in New York.
December 2022
has partnered with
has partnered withThe transaction
At a glance
- Seller
- Sports PT of NY
- Practice
- Private, therapist-owned
- Locations
- 6 clinics along the New York State Thruway, from Buffalo to Saratoga
- Founded
- 1995
- Transaction
- Partnership with MVPT Physical Therapy, a member of the Cypress Health Partners family
- Announced
- MHA's role
- Exclusive financial advisor to the seller. MHA initiated, structured and negotiated the transaction on behalf of SPTNY.
In their words
From the announcement
“This is a pivotal opportunity for our staff and our patients. This partnership allows us to join a strong network of physical therapist-owned and locally operated clinics that are uniquely aligned in their vision. We will have access to a broader array of resources for ongoing training, advanced methodologies, and administrative upgrades. Partnering with MVPT is a perfect fit, assuring high satisfaction ratings from clinicians and patients alike. We are excited and honored to be MVPT’s initial partner in New York.”
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