Pharos Capital Group, a middle-market PE firm based in Dallas and Nashville, announced today it has sold its majority stake in portfolio company MOTION PT Group to Confluent Health.
MOTION is a physical therapy, occupational therapy and speech therapy company with 59 clinics across Connecticut, Maryland, Massachusetts, and New York. Financial terms of the transaction were not disclosed.
Under Pharos’s leadership, MOTION completed more than 25 acquisitions, expanded beyond its Brooklyn and Manhattan roots, and developed hospital and health system relationships centered on the triple aims of expanded access to care, improved patient outcomes, and lowering the overall cost of healthcare. Read more.
