SportsMed Physical Therapy, a leading name in outpatient rehabilitation and wellness, is pleased to announce the acquisition of its newest clinic inMaplewood, NJ. This addition brings the company's total number of clinics to 51, further expanding access to patient-centered care throughoutNew JerseyandConnecticut.
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This location reinforces the company's commitment to delivering accessible, high-quality care throughout the region.
TheMaplewoodclinic offers a wide range of services, including physical therapy, occupational and hand therapy, chiropractic care, acupuncture, and HomeCare services. Each treatment plan is developed with a focus on clinical excellence and personalized recovery.
“We're proud to expand our presence in Essex County, with the acquisition of WeCare Medical PT and Wellness located inMaplewood, NJ. This latest acquisition reinforces our commitment to bringing high quality, patient-centered care to individuals in both Union and Essex Counties.” – Peter N.Ponzini, Chief Executive Officer, SportsMed Physical Therapy.
Since partnering with Hildred Capital Management in 2018, SportsMed has grown from 7 to 51 locations and continues to build on its mission of improving lives through movement and recovery.
SportsMed is a portfolio company ofHildred Capital Management, aNYC-based investor in lower middle market healthcare companies.Hollandand Knightserved as legal counsel to SportsMed for this acquisition.
About SportsMed Physical Therapy
SportsMed Physical Therapy is a multi-disciplinary physical therapy company with 51 locations acrossNew JerseyandConnecticut. Since 2004, SportsMed has offered comprehensive outpatient rehabilitation and wellness services, including physical therapy, occupational/hand therapy, chiropractic care, acupuncture services and HomeCare services. SportsMed prioritizes offering its patients the highest quality of care possible. For more information, please visitwww.SportsMedPhysicalTherapy.comand follow them onLinkedIn.
About Hildred Capital Management
Hildred Capital Management is a healthcare-focused private equity firm that seeks opportunities to create value in middle-market companies. The firm specializes in partnering with management teams to help them scale their platforms, generate earnings growth, promote strategic and operational improvements, generate business development, and drive multiple expansion. For more information, please visitwww.hildredcapital.comand follow the firm onLinkedIn.
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SOURCE SportsMed Physical Therapy
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