Investor Relations



The physical therapy industry is comprised of inpatient and outpatient rehabilitation delivery models which provide care to patients with a variety of conditions, including musculoskeletal disorders, sports injuries, neurological disabilities, speech and audiology impairments, and general orthopedic injuries. Approximately 60% of the revenue generated in the industry is driven by orthopedic rehabilitation.1 Outpatient rehabilitation clinics offer cost-effective outcomes through their services, especially when compared to inpatient rehabilitation services. Outpatient physical therapy is a large and fragmented industry, with annual revenue of approximately $35 billion and between 16,000 and 18,000 free-standing clinics nationwide.2

GPB Capital seeks to acquire profitable outpatient physical therapy centers and provide capital, as well as operational assistance, to these clinics. GPB Capital will aim to drive operational efficiencies by consolidating the back-office functions, such as recruiting, revenue cycle management, credentialing, advertising and insurance procurement, across its footprint of owned physical therapy centers.

Recent Press Releases

Alliance PT Practice Doctor Named NSCA’s Sports Medicine/Rehabilitation Specialist of the Year

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

Learn How Physical Therapy Meets GPB Capital's Strategic Acquisition Criteria


GPB Capital Physical Therapy Platform

Alliance Physical Therapy Partners

Portfolio Companies listed below are majority owned by GPB Capital or affiliates as of December 31, 2018.
It should not be assumed that any Portfolio Companies identified were, are or will be profitable.