WestStar Physical Therapy Network
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WestStar Physical Therapy Network - overview
Established
1980
Location
Garden Grove, CA, US
Primary Industry
Healthcare Specialists
About
WestStar Physical Therapy Network, based in the US, provides extensive physical therapy services focused on restoring and enhancing patients' physical abilities through tailored treatment plans and evaluations. Founded in 1980 in Garden Grove, US, WestStar Physical Therapy Network specializes in delivering physical therapy services. The company has successfully implemented a business strategy that emphasizes personalized care while expanding its reach across California. WestStar Physical Therapy Network specializes in providing comprehensive physical therapy services aimed at restoring and enhancing the physical abilities of patients.
Their core offerings include personalized evaluations, diagnostic services, and tailored treatment plans that address a range of conditions such as musculoskeletal injuries, post-surgical rehabilitation, and preventative care. The company is committed to an individualized approach, ensuring that each patient receives care that meets their unique needs. With a robust network of over 100 therapy centers across California, including regions in Los Angeles, Orange, Riverside, Ventura, and San Bernardino Counties, WestStar serves a diverse clientele, including patients referred by physicians and surgeons, as well as direct consumers seeking rehabilitation services. WestStar Physical Therapy Network generates revenue through direct patient services, which includes billing for individual therapy sessions and treatments based on the specific needs of patients.
The business operates primarily on a fee-for-service model, where patients or their insurance providers are billed for the therapy services rendered. Transactions typically occur on an individual basis, with patients scheduling appointments for evaluations and subsequent treatments. The company’s revenue structure is supported by partnerships with medical providers and referral networks that enhance patient inflow. By leveraging established relationships with healthcare professionals, WestStar ensures a steady stream of referrals, further solidifying its revenue base through consistent patient engagement and service delivery.
In September 2025, Accord Capital, along with Paras Capital Partners, acquired WestStar Physical Therapy Network as part of a recapitalization, with financial terms not disclosed. This transaction enables the company to expand its market presence.
Current Investors
Accord Capital, Paras Capital Partners
Primary Industry
Healthcare Specialists
Sub Industries
Chiropractic, Orthopedic & Physical Therapy
Website
www.wsptn.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
WestStar Physical Therapy Network - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | WestStar Physical Therapy Network | - |
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