Equity Raise: Acquisition of Physical Therapy Practice

by a searcher

6 years ago

This 30-year old multi-location, NJ medical practice provides interventional pain management, physical therapy, and chiropractic care to their patients. The company earned $1.6M in EBITDA for 2017 on $5M Revenue.
The owner and I agreed to a $7M purchase price (4.3X multiple) with a 60% seller note. The Company generates 35% EBITDA margin, with no Medicaid or Medicare. The company is reimbursed exclusively through private insurance.
I'm currently raising $3.2M in Equity for this deal. Looking to partner with family offices or individuals with experience in MSOs, healthcare, and private practice rollups.  Please email me at --@----.com  for an executive summary and a financial model.

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6 comments

searcher from University of Pennsylvania - The Wharton School

Bakari, I know this is an old thread but was wondering if you were able to close on this deal? If so, what kind of terms were you able to negotiate with your investors? Would love to hear how you approached it - please feel free to message me as well.

4 years ago | like reply | 0 likes

searcher from The University of Chicago - Booth School of Business

Congratulations on the signed LOI, Bakari.

6 years ago | like reply | 0 likes

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