Transaction · June 2023 · Louisiana
Martin Healthcare Advisors advises Tri-State Physical Therapy on its strategic partnership with Elite Physical Therapy
Tri-State Physical Therapy, a private and therapist-owned practice serving Shreveport and Bossier, Louisiana, entered into a strategic partnership with Elite Physical Therapy, a member of the Confluent Health family. Dan Turner opened Tri-State in 1978 and led it for 45 years.
June 2023
has entered into a strategic partnership with
has entered into a strategic partnership withThe transaction
At a glance
- Seller
- Tri-State Physical Therapy
- Practice
- Private, therapist-owned
- Location
- Shreveport and Bossier, LA
- Founded
- July 1978 by Dan Turner
- Transaction
- Strategic partnership with Elite Physical Therapy, a member of the Confluent Health family
- Announced
- MHA's role
- Exclusive financial advisor to the seller. MHA initiated, structured and negotiated the transaction on behalf of Tri-State.
In their words
From the announcement
“We have been searching for a reputable business partner that can help us continue along this growth trajectory. And for these reasons we couldn’t be more excited to partner with Elite Physical Therapy. Their established practice, with a reputation for superior customer service and quality care, is the perfect fit for us. We are truly thankful for Dan Turner and his forty-five years of leadership at Tri-State, and now look forward to what our new partnership will bring!”
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