{"id":12723,"date":"2022-01-03T00:00:00","date_gmt":"2022-01-03T04:00:00","guid":{"rendered":"https:\/\/livingstagenew.wpenginepowered.com\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/"},"modified":"2026-06-16T12:43:08","modified_gmt":"2026-06-16T16:43:08","slug":"livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners","status":"publish","type":"transaction","link":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/","title":{"rendered":"Livingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners"},"content":{"rendered":"\n

Il team Healthcare di Livingstone ha assistito Therapy Partner Solutions (\u201cTPS\u201d o la \u201cSociet\u00e0\u201d), societ\u00e0 in portafoglio a BroadCrest (azionista di maggioranza) e Walnut Grove Capital Partners (\u201cWalnut Grove\u201d), nella vendita a Lee Equity Partners, LLC (\u201cLee Equity\u201d). Livingstone ha agito in qualit\u00e0 di advisor finanziario in esclusiva per TPS. I termini dell\u2019operazione non sono stati resi noti.<\/strong><\/p>

Con sede nei pressi di Jacksonville, Florida, TPS \u00e8 una delle principali piattaforme di fisioterapia nel Sud-Est degli Stati Uniti, con un modello operativo diversificato che offre servizi in tre divisioni: Clinic Partnerships, Management Services e Performance Solutions.<\/p>

La piattaforma TPS comprende circa 60 sedi di cura (tra dirette e gestite) distribuite in otto stati, oltre a operazioni di esternalizzazione del ciclo di ricavi e consulenza in ambito compliance per cliniche indipendenti. La divisione Clinic Partnerships opera in sei stati attraverso brand locali con un forte riconoscimento sul mercato, costruito in oltre 20 anni di presenza attiva. Attraverso la divisione Management Services, la Societ\u00e0 \u00e8 il principale fornitore regionale di servizi di gestione, operations e personale terapista per ospedali, cliniche fisioterapiche di propriet\u00e0 medica e agenzie di assistenza domiciliare.<\/p>

Il team di management senior, esperto e coeso, \u00e8 guidato dai tre fondatori Steve Chenoweth, Sam Echols e Chad Whitefield, che vantano un\u2019esperienza combinata di oltre 75 anni nel settore. Steve Chenoweth, Co-fondatore e CEO, continuer\u00e0 a guidare l\u2019azienda durante la prossima fase di crescita accelerata in partnership con Lee Equity. L\u2019intero team dirigente, insieme all\u2019investitore esistente Walnut Grove, ha mantenuto una partecipazione significativa nel capitale della societ\u00e0.<\/p>

\u201cLivingstone ci ha aiutato a individuare il partner giusto per il nostro futuro, Lee Equity, perfettamente allineato con le aree strategiche su cui intendiamo concentrarci per la crescita di lungo termine\u201d<\/em>, ha dichiarato Steve Chenoweth, Co-fondatore e CEO di TPS<\/strong>. \u201cAbbiamo scelto Livingstone per la loro profonda esperienza e il comprovato track record nel settore. Il loro livello di professionalit\u00e0, attenzione ai dettagli e dedizione \u00e8 stato eccezionale. Agendo come veri e propri alleati, ci hanno permesso di concentrarci sull\u2019operativit\u00e0 mentre curavano ogni aspetto dell\u2019operazione, preparandoci al successo.\u201d<\/em><\/p>

Lee Equity \u00e8 una societ\u00e0 di private equity con sede a New York che collabora con team di gestione di successo per costruire imprese con forte potenziale di crescita. Target abituali dell\u2019investimento: quote di 50\u2013150 milioni di dollari in operazioni di majority buyout e crescita, su aziende con un enterprise value compreso tra 100 e 500 milioni di dollari, principalmente in Nord America.<\/p>

\u201cIl forte interesse ricevuto per TPS dimostra la solidit\u00e0 della piattaforma costruita con rigore dal team manageriale e dagli azionisti BroadCrest e Walnut Grove\u201d<\/em>, ha dichiarato Ryan Buckley, Partner di Livingstone<\/strong>. \u201cTPS adotta un modello di business articolato e complementare, altamente difendibile e con molteplici leve di crescita in un settore in rapida espansione e consolidamento.\u201d<\/em><\/p>

\u201cL\u2019attivit\u00e0 nel settore della fisioterapia \u00e8 stata intensa nell\u2019ultimo anno, e per noi \u00e8 stato essenziale mantenere una conoscenza aggiornata e approfondita delle sue dinamiche evolutive\u201d<\/em>, ha aggiunto Mark Carl, Director di Livingstone<\/strong>. \u201cCon la ricapitalizzazione di TPS e la recente cessione di Foothills Therapy Partners a Confluent Health, Livingstone continua a confermarsi l\u2019advisor pi\u00f9 attivo nel middle-market per l\u2019outpatient physical therapy e la riabilitazione.\u201d<\/em><\/p>

TPS rappresenta la 269\u00aa operazione completata da Livingstone dal 2018 e la 33\u00aa operazione nel settore healthcare nello stesso periodo. Questa operazione arricchisce inoltre il portafoglio di successi di Livingstone nel comparto muscoloscheletrico, che comprende fisioterapia, riabilitazione in outsourcing, ortopedia, fisiatria e podologia. Le cessioni di TPS e di Foothills Therapy Partners<\/a> negli ultimi 45 giorni si aggiungono a un lungo elenco di operazioni nel settore che hanno coinvolto leader come Alliance Physical Therapy Partners<\/a>, ATI Physical Therapy<\/a>, MOTION Physical Therapy<\/a> e PT Solutions<\/a>, tra gli altri.<\/p>

Arnall Golden Gregory, LLP ha agito come consulente legale di TPS, mentre Greenberg Traurig LLP ha assistito Lee Equity per i profili legali.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":3736,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-12723","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":[1484,1499,1400],"date":"20220103","client_type":51,"type":[1127],"region":[393],"services":[448],"sectors":[740,760],"related_transactions":[12713,12698,12403,12339],"related_testimonials":[52134],"contacts":""},"yoast_head":"\nLivingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners - 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\" href=\"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Livingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners - Livingstone Partners\" \/>\n<meta property=\"og:url\" content=\"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/\" \/>\n<meta property=\"og:site_name\" content=\"Livingstone Partners\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-16T16:43:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/1e6402ac.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\\\/\",\"name\":\"Livingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners - Livingstone Partners\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/1e6402ac.png\",\"datePublished\":\"2022-01-03T04:00:00+00:00\",\"dateModified\":\"2026-06-16T16:43:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\\\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\\\/#primaryimage\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/1e6402ac.png\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/1e6402ac.png\",\"width\":1200,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transactions\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Livingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#website\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/\",\"name\":\"Livingstone Partners\",\"description\":\"Deals Done Right.\",\"publisher\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"it-IT\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#organization\",\"name\":\"Livingstone Partners\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"caption\":\"Livingstone Partners\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Livingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners - Livingstone Partners","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/","og_locale":"it_IT","og_type":"article","og_title":"Livingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners - Livingstone Partners","og_url":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/","og_site_name":"Livingstone Partners","article_modified_time":"2026-06-16T16:43:08+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/1e6402ac.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Tempo di lettura stimato":"3 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/","url":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/","name":"Livingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners - Livingstone Partners","isPartOf":{"@id":"https:\/\/livingstonepartners.com\/it\/#website"},"primaryImageOfPage":{"@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/#primaryimage"},"image":{"@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/#primaryimage"},"thumbnailUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/1e6402ac.png","datePublished":"2022-01-03T04:00:00+00:00","dateModified":"2026-06-16T16:43:08+00:00","breadcrumb":{"@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/#primaryimage","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/1e6402ac.png","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/1e6402ac.png","width":1200,"height":800},{"@type":"BreadcrumbList","@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-therapy-partner-solutions-on-sale-to-lee-equity-partners\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/livingstonepartners.com\/it\/"},{"@type":"ListItem","position":2,"name":"Transactions","item":"https:\/\/livingstonepartners.com\/it\/transaction\/"},{"@type":"ListItem","position":3,"name":"Livingstone assiste Therapy Partner Solutions nella vendita a Lee Equity Partners"}]},{"@type":"WebSite","@id":"https:\/\/livingstonepartners.com\/it\/#website","url":"https:\/\/livingstonepartners.com\/it\/","name":"Livingstone Partners","description":"Deals Done Right.","publisher":{"@id":"https:\/\/livingstonepartners.com\/it\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/livingstonepartners.com\/it\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"},{"@type":"Organization","@id":"https:\/\/livingstonepartners.com\/it\/#organization","name":"Livingstone Partners","url":"https:\/\/livingstonepartners.com\/it\/","logo":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/livingstonepartners.com\/it\/#\/schema\/logo\/image\/","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","caption":"Livingstone Partners"},"image":{"@id":"https:\/\/livingstonepartners.com\/it\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/12723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction"}],"about":[{"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/types\/transaction"}],"acf:post":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/testimonial\/52134"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/12339"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/12403"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/12698"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/12713"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/team-member\/1400"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/team-member\/1499"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/team-member\/1484"}],"acf:term":[{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/sector\/760"},{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/sector\/740"},{"embeddable":true,"taxonomy":"service","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/service\/448"},{"embeddable":true,"taxonomy":"region","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/region\/393"},{"embeddable":true,"taxonomy":"transaction-type","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction-type\/1127"},{"embeddable":true,"taxonomy":"client-type","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/client-type\/51"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/media\/3736"}],"wp:attachment":[{"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/media?parent=12723"}],"wp:term":[{"taxonomy":"client-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/client-type?post=12723"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/region?post=12723"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/sector?post=12723"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/service?post=12723"},{"taxonomy":"transaction-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction-type?post=12723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}