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


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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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