Description
A premier Midwest provider of outpatient physical therapy with over 223 clinics across eight states (under Gryphon ownership)
Industry
Healthcare: Multi-Site Retail-Based Medicine; Physical Therapy
Gryphon Investment Thesis
- Gryphon’s investment in Accelerated Rehabilitation Centers was sourced through Gryphon’s proprietary, research-based approach and sector initiative in multi-site retail-based medicine
- Previous success in the dental category of multi-site retail-based medicine through Gryphon’s investment in BrightNow! Dental led Gryphon to prioritize the outpatient physical therapy space
- With the expertise of two executives exclusive from Gryphon’s network and with the assistance of the Gryphon Operations Resources Group, the Gryphon Healthcare Team identified several opportunities to increase EBITDA during the course of ownership by expanding the company’s reach through synergistic add-on acquisitions, opening high ROI de novo clinics, and implementing best practices to drive same-store-sales
Outcome
Exited in 2011