U.S. Physical Therapy Inc, a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announces the acquisition of a company that will add to its industrial injury prevention services business.
The acquired company specializes in return-to-work and ergonomic services, among other offerings. The business generates more than $2.0 million in annual revenue. Through its Briotix subsidiary, USPH acquired the company’s assets at a purchase price of approximately $3.3 million.
“We are pleased to be able to continue to grow our industrial injury prevention services business. We believe there are good cross-selling opportunities that will come from this acquisition with Briotix’s support.”
— Chris Reading, Chief Executive Officer
[Source(s): U.S. Physical Therapy Inc, Business Wire]