Physical Rehabilitation Network (PRN), a leading physical therapy provider and practice management organization, today announced further expansion in the state of California with its acquisition of Albany Physical Therapy. The addition of Albany Physical Therapy elevates PRN’s California footprint to 59 clinics.
Under this new partnership, PRN will acquire Albany Physical Therapy’s outpatient therapy clinic location, located at 948 San Pablo Ave, Albany, Calif. The Albany PT team specializes in orthopedic manual physical therapy, sports medicine, pre- and post-surgical rehabilitation, and neurological rehabilitation treatments. Their highly respected team collectively brings more than 40 years of treatment experience and providing quality physical therapy care to the Albany community.
“We are excited to continue expanding our access to quality care in California’s Bay Area with the addition of Albany Physical Therapy,” said Ajay Gupta, CEO, PRN. “Led by Elizabeth Jennings, PT, DPT, Albany Physical Therapy has proudly grown into its leading role as the community’s go-to clinic for all outpatient physical therapy needs. Their commitment to affordable, quality physical therapy care in the community is something we look forward to continuing and expanding upon as we build upon our partnership.”
Since 1980, Albany Physical Therapy has provided outpatient physical therapy care to the Albany community. Their 3,000 sq ft. facility has four private treatment rooms, a 1,500 sq ft. open exercise area that offers ample space floor exercises, core stabilization training and weight training. To learn more about Albany Physical Therapy, please visit their website, albanypt.com.
PRN is a portfolio company of Gryphon Investors, a leading middle-market private equity firm.
PricewaterhouseCoopers LLP., and Bass, Berry & Sims PLC acted as advisors to PRN on the transaction.