Close of Accelerated Rehab buy gives exit to OMERS Private Equity
The previously announced acquisition of Accelerated Rehabilitation Centers, a U.S. outpatient rehabilitation services company, by Athletico Physical Therapy has been completed. The transaction’s financial details were not disclosed, however, one source has put the value at US$450 million. As reported by peHUB Canada in November, the deal provides an exit to OMERS Private Equity, which bought Accelerated in partnership with management in July 2011. Athletico, a Chicago-based orthopedic rehabilitation services specialist, was been backed by U.S. private equity firm Harvest Partners since May 2014.
4 December 2014•3 mins read
