Physical Rehabilitation Network, a portfolio company of Gryphon Investors, has purchased Kinetix Advanced Physical Therapy, which operates two clinics in Valencia and Lancaster, California.
Kinetix Advanced Physical Therapy is a privately owned orthopedic physical therapy practice focused on orthopedic manual physical therapy, sports medicine, pre/post-surgical, neurological rehabilitation, and aquatic therapy.
Physical Rehabilitation Network specializes in physical therapy care and workplace ergonomics services and serves as a comprehensive practice management organization for physical therapists across 16 states. The addition of Kinetix APT grows PRN’s California footprint to 62 clinics.
“We are excited to continue widening access to quality PT care in California’s Los Angeles County with the addition of Kinetix Advanced Physical Therapy,” said Ajay Gupta, CEO, PRN. “Kinetix Co-founders Michelle Gawenda and Tim Eckard have proudly established the group’s recognizable role in each community as the PT provider of choice, which is a badge of honor that we look forward to continuing and expanding upon in this exciting next chapter for both groups.”
PricewaterhouseCoopers LLP., and Bass, Berry & Sims PLC acted as advisors to PRN on the transaction.