ACQUIRED · 2019
Who Acquired Upstream Rehabilitation?
Revelstoke Capital Partners · $1.40B· 14.5× EBITDA
The acquisition
Upstream Rehabilitation was acquired by Revelstoke Capital Partners in 2019 for $1.40B. The deal was priced at 14.5× EBITDA / 2.90× revenue.
Upstream Rehabilitation at time of acquisition
Revenue
$490.0M
EBITDA
$96.2M
Deal value
$1.40B
EV / EBITDA
14.5×
Other acquisitions by Revelstoke Capital Partners
Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.
- Monte Nido & Affiliates · 2022 · $725.0M · 14.5× EBITDA
Similar physical therapy acquisitions
- Industrial Injury Prevention Company · acquired by U.S. Physical Therapy, Inc. in 2026 · $21.6M
- ATI Physical Therapy · acquired by Knighthead Capital Management / Marathon Asset Management Consortium in 2025 · $522.2M
- ATI Physical Therapy, Inc. · acquired by Knighthead Capital Management and Marathon Asset Management in 2025 · $523.2M
- Outpatient Home Care Physical and Speech Therapy Practice · acquired by U.S. Physical Therapy, Inc. in 2025 · $2.9M
- Physical Therapy Practice · acquired by Grant Memorial Hospital in 2025 · $0.5M
Run a valuation for a similar physical therapy business
Three fields, instant range, backed by 25,592 real M&A transactions including this one.
Open the physical therapy calculator →More on physical therapy valuations
- Value a medical practice
- Value a dental practice
- Value a veterinary practice
- Physical Therapy valuation calculator· head-term variant
- Physical Therapy median multiples· real-deal benchmarks
- How to value a physical therapy· long-form guide
Sourced from Bond rating releases and press reporting. Full deal page.
Citation: ExitValue.ai. (2019). Upstream Rehabilitation acquired by Revelstoke Capital Partners. https://exitvalue.ai/acquired/upstream-rehabilitation