BenchMark Rehabilitation Partners announces that it has acquired a majority interest in chPT—a six-clinic physical therapy practice in Portland, Ore.

Based in Birmingham, Ala, BenchMark Rehabilitation Partners is a subsidiary of Upstream Rehabilitation—reportedly the nation’s third largest provider of physical therapy services, with more than 600 owned and managed physical therapy locations in 27 states.

chPT, founded in 2002 by Colin Hoobler, PT, DPT, MS, has locations in Portland (Pearl District), East Portland, Beaverton, Hillsboro, Tigard, and Milwaukie.

“Colin has built a thriving physical therapy business and great reputation throughout Portland,” says BenchMark Rehabilitation CEO Dave Van Name, in a media release. “We are very excited to have Colin as our partner and look forward to working with him and his team to expand throughout the region.”

“We’re all excited about becoming part of the BenchMark family,” Hoobler states. “We’ve been looking for the right partner to help us grow, and BenchMark quickly became our clear choice after meeting with them and seeing how our cultures complement each other. Through this partnership, our company will be able to reach more patients and providers than ever before!”

[Source(s): Benchmark Rehab Partners, PR Newswire]