CORA, a portfolio aggregation of Gryphon Investors, has acquired two outpatient concrete assay companies in Tennessee: Clinton Concrete Assay Center and Associated Therapeutics Inc. No banking agreement were disclosed.
SAN FRANCISCO, Oct. 4, 2018 /PRNewswire/ — CORA Bloom Services, Inc., accomplishing business as CORA Concrete Assay (“CORA”), a top-10 civic abettor of outpatient concrete assay services, appear today that it afresh acquired two outpatient concrete assay companies in Tennessee: Clinton Concrete Assay Center and Associated Therapeutics Inc.
Clinton Concrete Assay Center (“CPTC”), amid In Clinton, TN (www.clintonpt.com) was founded in 1988 by Kelly Lenz and Joyce KIee. In accession to accepted concrete assay services, CPTC offers amphibian therapy, pediatric therapy, women’s health, and automated rehab, including assignment conditioning and acknowledgment to assignment programs.
Associated Therapeutics Inc. (“Associated”), amid in Knoxville, TN (www.associatedtherapeutics.com), was opened in 1985 by Thomas Kelly and Andrew Smith. The ability provides accepted concrete assay casework as able-bodied as a absolute workers’ advantage adjust affairs and a arrangement of fettle and wellness programs.
CORA aboriginal accustomed a attendance in Tennessee in March of this year, through its accretion of Champion Concrete Therapy, with locations in Tennessee and southeastern Kentucky. Under the CORA umbrella, these two locations will now be able to action the complete arrangement of high-quality casework CORA is accepted for and bigger serve bodies in their communities. CORA now has 15 clinics in Tennessee and added than 160 locations in seven states.Dennis Smith, CEO and President of CORA Concrete Therapy, said, “We are admiring to acceptable these new locations to the CORA alignment and aggrandize the ability of our team. Our ambition in these acquisitions is to bottle the outstanding reputations of CPTC and Associated and advance the affection affliction they accept delivered to their patients and communities for several decades while alms the banking and operational assets they charge to abide to abound and thrive.”
CORA is a portfolio aggregation of Gryphon Investors, a arch middle-market clandestine disinterestedness close based in San Francisco. Agreement of these affairs were not disclosed.
About CORACORA Bloom Services, Inc./CORA Concrete Assay (www.coraphysicaltherapy.com) is an outpatient rehabilitation aggregation that uses accurate analytic practices and amount able assay protocols to acknowledgment patients to their jobs and lifestyles as anon as possible. Their clinics action a complete ambit of treatment, including outpatient concrete assay and accepted rehabilitation, worker’s advantage therapy, sports and auto abrasion rehabilitation, and rehabilitation for seniors. CORA operates added than 160 clinics in Florida, Georgia, North Carolina, South Carolina, Virginia, Tennessee, and Kentucky.
About Gryphon InvestorsBased in San Francisco, Gryphon Investors (www.gryphoninvestors.com) is a arch clandestine disinterestedness close focused on profitably growing and competitively acceptable middle-market companies in affiliation with accomplished management. For 24 after quarters, Gryphon has been ranked in Preqin’s celebrated annual PE address as one of North America’s top-decile buyout firms based on bendability of able advance returns. Managing over $4 billion of disinterestedness investments and basic back 1997, the close has an all-encompassing clue almanac of arch disinterestedness investments of $50 actor to $200 actor per portfolio aggregation with sales alignment from about $100 actor to $500 million. Gryphon prioritizes advance opportunities area it can anatomy able partnerships with owners and admiral to body arch companies, utilizing Gryphon’s capital, specialized able resources, and operational expertise.
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