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Gryphon Adds PRN From Silver Oak

Gryphon Adds PRN From Silver Oak Gryphon Investors has acquired Physical Rehabilitation Network (PRN) from Silver Oak Services Partners in a deal where Silver Oak makes a new investment in the company and PRN’s management retains an equity stake in the business. PRN operates physical therapy clinics in 12 states in the Western U.S. “Physical therapy is a $36 billion industry that is increasingly viewed as preventive care, supported by payers looking to make sure diagnostic expense and more invasive treatments are appropriate. We believe the physical therapy sector will experience more growth as active people age and require attention to injuries, but increasingly turn away from pharmaceutical treatment.” says Gryphon partner

Gryphon Investors : Acquires PRN, a Leading Western U S Physical Therapy Operator

Gryphon Investors : Acquires PRN, a Leading Western U S Physical Therapy Operator
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Gryphon Investors Acquires PRN, a Leading Western U S Physical Therapy Operator

Share this article Share this article SAN FRANCISCO, Dec. 17, 2020 /PRNewswire/ Gryphon Investors ( Gryphon ), a leading middle-market private equity firm based in San Francisco, CA, announced today that it has acquired Physical Rehabilitation Network ( PRN or the Company ), from Silver Oak Services Partners ( Silver Oak ). Silver Oak will make an investment in the newly recapitalized company, and PRN s management team will remain with the Company and retain an equity stake as well. This transaction marks Gryphon s third investment in the physical therapy category after successful earlier investments in Accelerated Rehabilitation and CORA Physical Therapy. Terms of the deal were not disclosed.

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