MOTION PT Holdings, Brooklyn, NY, a portfolio company of Pharos Capital Group LLC, has recently acquired New York-headquartered Bradley & Monson Physical Therapy. Transaction terms were not disclosed.
MOTION PT Holdings was formed in June 2015 via the combination of Brooklyn-based MetroSportsMed with Manhattan-based STAR Physical Therapy. It provides physical therapy and occupational therapy services via its 11 locations in Brooklyn, Manhattan, and Long Island, according to a media release from MOTION PT.
Bradley & Monson Physical Therapy was founded by Maggie Bradley and Lori Monson in 1981, and offers physical therapy, massage, independent fitness workouts, and other customized services to treat and prevent a wide range of orthopedic conditions as well as injuries from sports, dance, or the performing arts, the release explains.
Bradley and Monson, as well as the rest of the practice’s staff, will join Motion PT, per the release.
Edward R. Miersch, president and CEO of MOTION PT, says in the release that, “Maggie and Lori are highly regarded in our industry, and we are delighted to have them join our team.”
“We are thrilled to be a part of this tremendous top-tier company, and are fortunate to find a growing practice that shares the philosophy of care that we have fostered for over 34 years,” adds Monson, in the release.
[Source: MOTION PT Holdings]