M&A TRANSACTION · 2025
ATI Physical Therapy, Inc. acquired by Knighthead Capital Management and Marathon Asset Management
$523.2M· Physical Therapy
Acquirer
Knighthead Capital Management and Marathon Asset Management
Private Equity buyer
Disclosed financials at time of acquisition
Revenue
$746.6M
EBITDA
$46.7M
Deal Value
$523.2M
What's your physical therapy worth today?
12-input M&A-grade workup with sellability score, named comparable deals, and AI-written commentary. 2 minutes.
- ✓Sellability score with 5-driver breakdown and lift estimates
- ✓Named comparable M&A transactions in your sub-vertical
- ✓AI-written analysis grounded in your specific inputs
Context
This $523.2M acquisition of ATI Physical Therapy, Inc. by Knighthead Capital Management and Marathon Asset Management sits in the physical therapy sub-vertical. Run a valuation for your own physical therapy business via our Physical Therapy valuation hub. Knighthead Capital Management and Marathon Asset Management is acquiring as a private equity buyer; see how PE acquirers typically price physical therapy businesses on our Physical Therapy PE buyer-pool page.
Source
Data sourced from Press releases and earnings releases. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
Value your own physical therapy
12-input M&A-grade workup with sellability score, named comparable deals, and AI-written commentary. 2 minutes.
- ✓Sellability score with 5-driver breakdown and lift estimates
- ✓Named comparable M&A transactions in your sub-vertical
- ✓AI-written analysis grounded in your specific inputs
Compare your business to the ATI Physical Therapy, Inc. acquisition.
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- How to value a physical therapy· long-form guide