Pharos acquires MOTION PT Holdings

Pharos Capital Group LLC has acquired a controlling stake in MOTION PT Holdings, a New York-based provider of physical therapy and occupational therapy services. No financial terms were disclosed. Black, Morgan & Cain P.C. served as financial consultant to Pharos while Livingstone Partners LLC acted as its investment bank. Also, Dr. David S. Menche is joining MOTION as chairman and Edward R. Miersch has been named CEO and president of the company.

25 June 2015•3 mins read
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