Deal History

150+ total transactions representing $500M+ in aggregate value — 6 tracked below spanning 2020–2025 · 1 industry

150+
Total Transactions
1
Industries
2020–2025
Years Active
Healthcare Services6
7 Outpatient Physical Therapy Transactions (H1 2025)2025
Acquired by PE: Various PE and strategic acquirers

MHA successfully closed 7 outpatient physical therapy transactions across California, Nevada, New York, North Carolina, Pennsylvania, Virginia, and Wyoming in H1 2025.

Sell SideSell Side Advisor
8 Outpatient Physical Therapy Transactions (FY2024)2024
Acquired by PE: Various PE and strategic acquirers

MHA closed 8 outpatient physical therapy transactions totaling 31 clinics across 8 states in FY2024, rebounding from recessionary levels in 2023.

Sell SideSell Side Advisor
Sale of Health In Motion Physical Therapy to Confluent Health2023
Acquired by PE: Confluent Health

Exclusive financial advisor on strategic partnership with Confluent Health, as featured in MHA's 'Olympic Model for Strategic Growth' content series.

Sell SideSell Side Advisor
Sale of Peak Physical Therapy to Confluent Health2021
Acquired by PE: Confluent Health

Exclusive financial advisor on strategic partnership of 12-clinic PT practice across Idaho and Washington state. Founder Darin Tucker, PTA, stated MHA 'helped me hit a grand slam' and 'exceeded my expectations.'

Sell SideSell Side Advisor
Sale of Shore Orthopedic & Athletic Rehabilitation (SOAR) to Strive Physical Therapy2021
Acquired by PE: Strive Physical Therapy & Sports Rehabilitation

Exclusive financial advisor on strategic partnership of Sea Girt, New Jersey-based PT practice with Strive, a Confluent Health portfolio company. Co-owners Nick Froio and Keith Montecalvo partnered with CEO Erich Herkloz.

Sell SideSell Side Advisor
Sale of Oasis Physical Therapy & Sports Rehab to Upstream Rehabilitation2020
Acquired by PE: Upstream Rehabilitation

Exclusive financial advisor on partnership of 5-clinic PT practice in Tri-Cities, Washington (Kennewick, Pasco, Richland, Walla Walla) with Upstream Rehabilitation, the nation's largest dedicated physical therapy provider with 1,100+ clinics.

Sell SideSell Side Advisor