Alliance PT Rebrands Two Practices as Armor PT, a Strong Group of Physical Therapy Practices in Western Michigan

GPB Capital Affiliate forms Armor PT, Providing Rehabilitation and Sports Performance Treatments in Five Western Michigan Locations, as Part of Ongoing Commitment to High-Quality Patient Care

Grand Rapids, MI – August 9, 2018 – Alliance Physical Therapy Partners (“Alliance PT”), an affiliate of GPB Capital, has merged Agility Health Physical Therapy and Agility Physical Therapy & Sports Performance to form Armor Physical Therapy (“Armor PT”), a streamlined provider of orthopedic and sports physical therapy to patients at five locations across western Michigan.

The merger and rebranding will maintain the same standard of care and service that patients have come to expect from their therapists. Billing and the handling of medical records will also remain consistent.

“We look forward to continuing to provide innovative physical therapy treatments that help our patients get back in motion,” said Scott Miller, Director of Clinical Operations at Armor Physical Therapy’s Kalamazoo, Mattawan, and Portage Locations. “Successful recovery and healthier quality of life for our patients remain our top priorities, and we appreciate the ongoing trust our patients have placed in our team.”

Armor PT operates three physical therapy clinics focusing on sports performance, located in Kalamazoo, Mattawan, and Portage, as well as two treatment facilities offering orthopedic rehabilitation and post-surgical care in Battle Creek and Plainwell. More details about care and service, how to schedule appointments, as well as educational materials about a variety of physical therapy and health/wellness topics, are available at https://armorpt.com.

Following the acquisition of the U.S. operations of Agility Health, Inc. (TSXV: AHI) in February 2018, Alliance PT became the seventh-largest physical therapy provider in the country, with more than 60 locations nationwide.

“We consistently seek to help the physical therapy practices we partner with to streamline operations, and optimize patient care and practice management,” said Mark Andrzejewski, CEO of Alliance Physical Therapy Partners. “In keeping with our strategy to maintain individually branded clinics in each market where we operate, we have taken action to prevent any confusion in western Michigan with the acquired Agility Health name—and ensure that patients throughout the region can continue to receive high-quality, personalized care from dedicated practitioners at Armor Physical Therapy.”

About Alliance Physical Therapy Partners LLC

Alliance Physical Therapy Partners is an affiliate of GPB Capital focused on acquiring private physical therapy practices across the U.S. to provide practice owners the opportunity to expand their footprint while receiving operational guidance and financial support. The Alliance Physical Therapy Partners team includes former private practice owners, direct marketing professionals and operations experts who have experience running and growing successful healthcare organizations. For more information, visit www.allianceptp.com.

About GPB Capital Holdings, LLC

GPB Capital is a New York-based alternative asset management firm focused on acquiring or investing in income-producing companies and assets. GPB Capital seeks to provide its portfolio companies with the strategic planning, managerial insight, and capital needed to enable strong businesses to achieve the next level of growth and profitability. GPB Capital has raised more than $1.5 billion in capital. For more information, please visit www.gpb-cap.com.

Media Contact:

Dana Taormina
JConnelly
973.850.7305
dtaormina@jconnelly.com

Forward-Looking Statements

We make statements herein that are considered to be forward-looking statements. These statements contain forward-looking information relating to the financial condition, results of operations, plans, objectives, future performance and business of Alliance PT and its affiliates. These statements (often using words such as “believes,” “expects,” “intends,” “plans,” “appear,” “would,” “should” and similar words) involve risks and uncertainties that could cause actual results to differ materially from those we project. The forward-looking statements are based on our current views and assumptions and actual results could differ materially from those anticipated in such forward-looking statements as a result of certain risks, uncertainties, and factors, many of which are beyond our control.