#United States #Ridgewood #SportsMed #Hildred Capital

SportsMed Physical Therapy Expands with New Ridgewood Clinic

SportsMed Physical Therapy, a prominent player in outpatient rehabilitation and wellness, has made a significant stride in its growth strategy by acquiring a new clinic in Ridgewood, New Jersey. This latest addition not only marks the company's emergence into a new local market but also elevates its total number of clinics to 49 across New Jersey and Connecticut.

The Ridgewood facility is expected to complement the existing locations by providing a wide variety of services tailored to enhance patient experience and recovery. Among the offerings available at the Ridgewood clinic are:

• - Physical Therapy
• - Occupational and Hand Therapy
• - Chiropractic Care
• - Acupuncture
• - Pelvic Floor Physical Therapy
• - HomeCare Services

These services emphasize SportsMed's commitment to maintaining a patient-centered approach, focusing on personalized treatment plans that are developed in collaboration with healthcare professionals. As noted by Peter N. Ponzini, the Chief Executive Officer of SportsMed, “We're proud to expand our presence with the acquisition of our new Ridgewood, NJ location. This marks an exciting step in our mission to bring high-quality, patient-centered physical therapy care to more communities across New Jersey.”

The acquisition of the Ridgewood location reflects SportsMed's continuous efforts in promoting accessible healthcare across the region. The company has seen substantial growth since its partnership with Hildred Capital Management in 2018, effectively expanding from just 7 locations to its current 49. This rapid growth trajectory highlights SportsMed's effectiveness in aligning its operational strategies with community health needs.

In addition to enhancing physical and occupational therapy services, the Ridgewood clinic will afford local patients convenient access to holistic healthcare options, reflecting the trend towards integrated health services. The management at SportsMed remains steadfast in their goal to improve lives through movement and recovery, which resonates deeply with their mission statement that prioritizes not only rehabilitation but overall wellness.

Hildred Capital Management, known for its focus on lower middle market healthcare investments, continues to support SportsMed’s growth plan, fostering developments and innovations within the healthcare sector. Furthermore, Holland and Knight has played a crucial advisory role throughout this acquisition process, ensuring compliance and strategic alignment.

About SportsMed Physical Therapy

Founded in 2004, SportsMed Physical Therapy has established itself as a trusted provider of outpatient rehabilitation and wellness services. With a deep commitment to improving patient health outcomes, the organization operates 49 clinics throughout New Jersey and Connecticut, delivering an integrated model of care that includes physical therapy, occupational therapy, and wellness services. For more information about their services and locations, visit SportsMed Physical Therapy or follow them on LinkedIn for the latest updates and community initiatives.

About Hildred Capital Management

Hildred Capital Management is a private equity firm focused on the healthcare space, committed to creating value in middle-market companies. The firm partners with management teams to enhance company performance, drive earnings growth, and facilitate strategic improvements. Their portfolio showcases numerous success stories in the healthcare sector. For more information about Hildred Capital, visit Hildred Capital and follow them on LinkedIn.

Through this latest acquisition, SportsMed Physical Therapy not only enhances its service offerings but also deepens its footprint within the community, pursuing its vision of high-quality healthcare for all.