What did U.S. Physical Therapy, Inc. pay for Nine-Clinic Practice?

U.S. Physical Therapy, Inc. acquired Nine-Clinic Practice for $32.8M in 2024, equivalent to 2.90x revenue. Target revenue was approximately $11.4M.

What does Nine-Clinic Practice do?

Nine-Clinic Practice is a physical therapy business.

What multiple did U.S. Physical Therapy, Inc. pay for Nine-Clinic Practice?

2.90x revenue, based on disclosed deal value of $32.8M and disclosed financials.

M&A TRANSACTION · 2024

Nine-Clinic Practice acquired by U.S. Physical Therapy, Inc.

$32.8M· 2.90x revenue

Target

Nine-Clinic Practice

Acquirer

U.S. Physical Therapy, Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$11.4M

EBITDA

—

Deal Value

$32.8M

EV/EBITDA

—

Context

This $32.8M acquisition of Nine-Clinic Practice by U.S. Physical Therapy, Inc. sits in the physical therapy sub-vertical. U.S. Physical Therapy, Inc. is acquiring as a strategic buyer; see how strategic acquirers typically price physical therapy businesses on our Physical Therapy strategic buyer-pool page.

Source

Data sourced from Press releases. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2024). Nine-Clinic Practice acquired by U.S. Physical Therapy, Inc.. https://exitvalue.ai/deals/nine-clinic-practice-acquired-by-us-physical-therapy-inc-hc-2024-0031