Buyer: ATI Physical Therapy
Seller: Sports and Physical Therapy Associates
Sector: Physical Therapy
Sports and Physical Therapy Associates (SPTA) has been acquired by ATI Physical Therapy (ATI). SPTA is a group of physical therapy professionals devoted to providing the community with the most up-to-date injury detection, post injury rehab, and sports specific training. SPTA currently has 19 physical therapy outpatient centers. The terms of the transaction were not disclosed.“Sports & Physical Therapy Associates’ network of greater Boston locations and hospital affiliations provide the ideal Northeast-based platform for ATI to expand its operations.
Combing ATI’s growth capabilities with Carl Gustafson and Scott Waugh’s deep-seeded relationships with local healthcare providers is the kind of partnership that can make for a dominant player in the region,” commented Scott Davis, Associate at Provident Healthcare Partners.
“Over the last 20 years, Carl, Scott and Dan Kline have built SPTA into the leading provider of outpatient therapy services in Massachusetts, and the combination with ATI will provide the resources for the practice to expand its highly reputable patient care into new markets across the Northeast,” stated Eric Major, Associate at Provident Healthcare Partners.