Physical Rehabilitation Network, backed by Gryphon Investors, and MemorialCare acquired Complete Balance Solutions Institute for Physiotherapy, a California-based physical therapy provider.
Financial terms weren’t disclosed.
As part of a shared strategic alliance, joint venture partners MemorialCare and PRN will acquire Complete Balance Solutions’ three Southern California outpatient therapy clinics. Through the addition of those clinics, the MemorialCare and PRN joint venture partnership claims the region’s most expansive network of physical therapy facilities with 26 clinics throughout Orange, Los Angeles and Riverside counties, with plans to open additional locations by December of 2021. Read more.
