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Physical Rehabilitation Network Opens Cal Rehab Clinic in North Irvine, Calif

Physical Rehabilitation Network Opens Cal Rehab Clinic in North Irvine, Calif
Physical Rehabilitation Network (PRN) announces the grand opening of its California Rehabilitation and Sports Therapy (Cal Rehab) clinic in Irvine, Calif, on behalf of its joint venture partnership with MemorialCare.
The North Irvine Cal Rehab clinic, which elevates Cal Rehab’s presence in California to 17 locations, will provide services such as physical therapy, functional integrative therapy, work injury rehabilitation, blood flow restriction therapy and sports medicine, Carlsbad, Calif-based Physical Rehabilitation Network notes in a media release.
“I am thrilled with our continued expansion of the Cal Rehab footprint across Southern California and the Irvine community with this new location, which is supported through our joint venture partnership with MemorialCare. With the opening of our North Irvine Cal Rehab clinic we are excited and proud to broaden our expertise in quality, phy ....

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Private Equity Firm Acquires Physical Rehabilitation Network

Private Equity Firm Acquires Physical Rehabilitation Network
Gryphon Investors, a middle-market private equity firm based in San Francisco, announces that it has acquired Carlsbad, Calif-based Physical Rehabilitation Network from Silver Oak Services Partners for an undisclosed amount.
Silver Oak will make an investment in the newly recapitalized company, and PRN’s management team will remain with the Company and retain an equity stake as well.
This transaction marks Gryphon’s third investment in the physical therapy category after successful earlier investments in Accelerated Rehabilitation and CORA Physical Therapy, according to a news release.
“We believe the physical therapy sector will experience more growth as active people age and require attention to injuries, but increasingly turn away from pharmaceutical treatment. At the same time, new regulations are improving patients’ direct access to care, making treatment faster and less administratively cum ....

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