Alliance Physical Therapy Partners, LLC

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Alliance Physical Therapy Partners, LLC - overview

Established

2016

Location

Grand Rapids, MI, US

Primary Industry

Business Support Services

About

Alliance Physical Therapy Partners, LLC is focused on delivering comprehensive physical therapy services that emphasize patient-centered care, including in-person and virtual therapy sessions tailored to diverse patient needs. Founded in 2016 in Grand Rapids, US, Alliance Physical Therapy Partners specializes in providing physical therapy services. The company's leadership team includes founder Lorna Beukema, alongside CEO Don Howe and Richard Leaver. The firm has completed 2 deals, with the most recent deal occurring on December 22, 2021, when Beecken Petty O'Keefe & Company acquired the company from GBP Capital.


Financial terms of the transaction were not disclosed. Alliance Physical Therapy Partners specializes in providing comprehensive physical therapy services that prioritize patient accessibility and care. Their core offerings include in-person therapy sessions, workplace therapy solutions, and online consultations, ensuring that they cater to a diverse range of patient needs. The company aims to solve common mobility and rehabilitation challenges faced by patients recovering from injuries, surgeries, or chronic conditions.


Their client base encompasses a wide array of healthcare providers, employers seeking workplace therapy programs, and individual patients across various demographics. Alliance operates in multiple geographical markets, including urban centers and suburban areas, enabling them to reach patients in locations where access to physical therapy is critical. Alliance Physical Therapy Partners generates revenue through various transaction models that support their service offerings. They engage in direct-to-consumer transactions, providing individual therapy sessions and packages tailored to specific patient needs.


Revenue is also derived from partnerships with employers who integrate physical therapy services into their employee wellness programs, fostering a B2B transactional structure. The company's pricing plans are designed to accommodate a range of services, including flagship offerings that reflect their commitment to quality care and patient satisfaction. By leveraging both subscription models for ongoing therapy services and one-time consultations, Alliance effectively aligns its revenue structure with the needs of its diverse client base. The acquisition by Beecken Petty O'Keefe & Company is anticipated to enhance Alliance Physical Therapy Partners' service offerings and foster the growth of a community of physical therapy practices.


Specific upcoming products and services have not been detailed, but the focus will likely be on enhancing patient services. The company is expected to pursue expansion into new geographic regions, though specific markets have not been disclosed. The recent acquisition will facilitate these expansions and improvements, further solidifying their presence in the market.


Current Investors

Beecken Petty O'Keefe & Company

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Accounting Services, Healthcare IT, Analytics & Performance Software

Website

www.allianceptp.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Alliance Physical Therapy Partners, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedAlliance Physical Therapy Partners, LLC-
Add-on, Trade SaleCompletedAlliance Physical Therapy's Long-Term Care Unit-
Add-onCompletedAgility Health, LLC-
Add-onCompletedFranklin Rehabilitation Inc.-
BuyoutCompletedAlliance Physical Therapy Partners, LLC-

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