{"id":11273,"date":"2025-03-03T00:00:00","date_gmt":"2025-03-03T04:00:00","guid":{"rendered":"https:\/\/livingstagenew.wpenginepowered.com\/transaction\/livingstone-advises-spine-sport-on-sale-to-prn\/"},"modified":"2026-06-16T12:29:35","modified_gmt":"2026-06-16T16:29:35","slug":"livingstone-advises-spine-sport-on-sale-to-prn","status":"publish","type":"transaction","link":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-spine-sport-on-sale-to-prn\/","title":{"rendered":"Livingstone assiste Spine & Sport nella cessione a PRN"},"content":{"rendered":"\n

Il team Healthcare di Livingstone ha assistito <\/strong>Spine & Sport Physical Therapy<\/strong><\/a> (\u201cSpine & Sport\u201d o la \u201cSociet\u00e0\u201d), societ\u00e0 in portafoglio di Great Point Partners (\u201cGPP\u201d), nella vendita a <\/strong>Physical Rehabilitation Network<\/strong><\/a> (\u201cPRN\u201d), partecipata di Gryphon Investors. Livingstone ha agito in qualit\u00e0 di advisor finanziario esclusivo di Spine & Sport. I termini dell\u2019operazione non sono stati resi noti.<\/strong><\/p>

Con sede a San Diego, Spine & Sport \u00e8 un provider leader di servizi di fisioterapia e riabilitazione, con una rete di 51 cliniche ambulatoriali interamente partecipate dai dipendenti nel Sud della California. GPP, societ\u00e0 di investimento con sede a Greenwich focalizzata esclusivamente sull\u2019healthcare, \u00e8 entrata nel capitale della societ\u00e0 nel 2018, quando Spine & Sport gestiva 16 sedi, affiancandosi al team di fondatori e management.<\/p>

Brett Raasch, CEO di Spine & Sport,<\/strong> ha dichiarato: \u201cSpine & Sport e PRN condividono radici profonde a San Diego e un impegno comune verso la qualit\u00e0 della cura, l\u2019innovazione e la crescita professionale. Questa partnership rafforza la nostra capacit\u00e0 di servire i pazienti e di espandere le attivit\u00e0, creando al contempo nuove opportunit\u00e0 per il nostro team, senza compromettere i valori che ci definiscono.\u201d<\/em><\/p>

PRN \u00e8 un operatore integrato leader nella fisioterapia ambulatoriale, con oltre 250 cliniche attive in 16 stati del Midwest e dell\u2019Ovest degli Stati Uniti. Gryphon Investors, investitore di private equity nel mid-market, \u00e8 entrato nel capitale di PRN nel dicembre 2020.<\/p>

Ryan Buckley<\/strong><\/a>, Partner di Livingstone,<\/strong> ha commentato: \u201cSpine & Sport \u00e8 stata molto contesa tra gli investitori grazie alla sua leadership sul mercato di San Diego, ai programmi terapeutici basati sull\u2019evidenza, al modello operativo efficiente che migliora l\u2019accesso dei pazienti, al team di gestione esperto e a una forte crescita sia organica che tramite acquisizioni. Siamo orgogliosi di aver facilitato un\u2019altra transazione rilevante tra due eccellenti piattaforme nel settore della fisioterapia.\u201d<\/em><\/p>

Il CEO Brett Raasch e il management team resteranno in azienda e assumeranno un ruolo chiave all\u2019interno del gruppo PRN.<\/p>

Rohan Saikia, Managing Director di GPP,<\/strong> ha aggiunto: \u201cLa profonda conoscenza di Livingstone dei fattori di valore nella fisioterapia, unita a un network esteso di acquirenti strategici e fondi di private equity attivi nel settore, \u00e8 stata fondamentale per ottenere un risultato eccellente per tutti gli stakeholder di Spine & Sport.\u201d<\/em><\/p>

Dalla fine del 2021, Livingstone ha completato la vendita di otto piattaforme di fisioterapia, per un valore complessivo vicino a 1 miliardo di dollari. Solo nell\u2019ultimo anno, ha portato a termine quattro operazioni sell-side, tra cui: Spine & Sport, Metro Physical & Aquatic Therapy<\/a> (venduta a U.S. Physical Therapy), Fitness Quest Physical Therapy<\/a> (venduta a Confluent Health), Access Physical Therapy & Wellness<\/a> (venduta a Confluent). Altri deal di rilievo hanno coinvolto realt\u00e0 leader del settore, tra cui: Agility Health, Alliance Physical Therapy Partners<\/a>, ATI Physical Therapy, Foothills Therapy Partners, MOTION PT Group<\/a>, PT Solutions, Renewal Rehab e Therapy Partner Solutions<\/a>.<\/p>

Mark Carl<\/strong><\/a>, Managing Director di Livingstone<\/strong>, ha commentato: \u201cCome advisor M&A pi\u00f9 attivo nel mid-market della fisioterapia, Livingstone ha maturato una competenza unica in molteplici modelli operativi e contesti assistenziali, con operazioni concluse in quasi met\u00e0 degli stati americani. Grazie all\u2019esperienza acquisita in oltre 24 transazioni nel settore, siamo in grado di valorizzare al meglio ogni cliente, evidenziando i tratti distintivi e massimizzando i risultati.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

PRN rafforza la propria presenza sulla West Coast con l\u2019acquisizione di un leader di mercato in California<\/p>\n","protected":false},"featured_media":2289,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-11273","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":[1484,1499],"date":"20250303","client_type":49,"type":[1127],"region":[393],"services":[448],"sectors":[740,777],"related_transactions":[11249,12946,12723,12833],"related_testimonials":[52410,52411,52412,52413],"contacts":null},"yoast_head":"\nLivingstone assiste Spine & Sport nella cessione a PRN - Livingstone Partners<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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