February 16, 2021
Physical Rehabilitation Network (PRN) of Carlsbad, Calif., today announced its acquisition of Performance Physical Therapy, Inc. Translink acted as advisor to the buyer.
Based in Reno, Nev., Performance Physical Therapy provides orthopedic and spine physical therapy care as well as dry needling and sports rehabilitation treatment. The addition of Performance Physical Therapy expands PRN’s network of clinics in the state to nine.
Performance Physical Therapy was founded in 2010 and has since been at the cutting edge of physical therapy and natural therapies with an emphasis in diagnosing and treating orthopedic and spine conditions. Under this new partnership, Performance Physical Therapy will continue to offer cutting-edge services of physical therapy, functional integrative therapy, auto injury rehabilitation, sports medicine and dry needling for a combined approach to pain resolution and injury recovery.
“We are excited to welcome Performance Physical Therapy into the PRN family and broaden PRN’s footprint in the state of Nevada,” said Ajay Gupta, Chief Executive Officer, PRN. “This acquisition allows Performance Physical Therapy to continue providing patients quality care and will further support the facility’s resources. Performance Physical Therapy Founder, Kirk Sachtler is a fantastic leader, and we are proud to have him and his team join the PRN family and carry on our mission of providing excellent physical therapy care to all patients.”
“As a physical therapist, my goal has always been to continue learning in order to provide the highest quality of physical therapy care to my patients,” said Sachtler. “Partnering with PRN allows both my team and I to continue our growth and development as physical therapists and provides us with a wealth of physical therapy resources, as PRN is a true leader in the industry.”
Contact our Team Members advising in this transaction:
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.
Michael A.
Dinan
Managing Partner
mdinan@translinkcf.com
