Monday, 4 June 2018

S-2975-1 NTB Physical, Occupational and Speech Therapy Rehab Facilities (PA & TX US)



Business Description:
A large publicly traded post-acute provider is divesting its portfolio of 10+ operating rehabilitation therapy facilities, all with highly experienced and licensed personnel. These leased full service rehabilitation facilities were acquired as part of a larger long-term care transaction in 2015 and are now being divested. These facilities are located in Texas and Pennsylvania. This is a distressed business opportunity!

Financial:
Individual Facility financial data is available upon request.

Operational Strengths:
The breakdown of services for the PA facilities is: 83% Physical Therapy; 13% Occupational Therapy; 4% Speech Therapy. The breakdown of services for the for the TX facilities is: 18% Physical Therapy; 37% Occupational Therapy; 45% Speech Therapy.

The Transaction:
While preference will be given to a buyer acquiring all the sites, the Seller will seriously entertain proposals to acquire any subset of these 10+ facilities. This opportunity is best suited as an Add-On to an existing rehab company where backroom services and management can be merged and shared.
While Valuation is always important, the Seller’s preference is for a strong Buyer who can close quickly.

 

Financials ($)

2018 Q1
2017
Revenue
$1.3 M
$5.2 M
Adjusted EBITDA
$42K
$245K

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
PA & TX
Compiled
Yes
10
8049


  
Direct All Inquiries to:

                                                       Gottesman Company
Refer to:  S-2975-1 NTB 
Tel: 212-330-8010     Fax: 646-434-4557 
                                      E-mail: office@gottesman-company.com