Dec 2021 | Texas

Cleburne Physical Therapy & Sports Rehabilitation Acquired By Golden Bear Physical Therapy

We are pleased to announce the sale of our client Cleburne Physical Therapy & Sports Rehabilitation (dba Real Performance Physical Therapy) to Golden Bear Physical Therapy (a holding of Shore Capital Partners). The acquisition closed December 28, 2021.

With two locations in Cleburne, Texas, and founded in 1988, Cleburne Physical Therapy & Sports Rehabilitation (Cleburne), is a full-service outpatient orthopedic physical therapy practice. The company assists clients in returning to optimal levels of performance and daily functioning, relying on its team of experienced physical therapists. Cleburne also has an additional facility in Burleson, Texas.

Golden Bear Physical Therapy, located in Modesto, California, is committed to building the premier network of physical therapy and wellness services in the Western United States.

Founded in 1981, Golden Bear was acquired by Bobby Ismail PT in 1997 and the business has grown rapidly since partnering with Shore Capital Partners in 2019.�??

Their vision is for Golden Bear Therapy Partners is to be the partner of choice for leading rehabilitation practitioners throughout the United States.

Shore Capital Partners (Shore), located in Chicago, Illinois, was recognized by Inc. Magazine in 2020 and 2021 as one of the Best Founder Friendly investors. Additionally, PitchBook ranked Shore as the 2020 #1 global leader in private equity deal volume, showing why more entrepreneurs chose Shore as a growth partner than any other firm in the world.

Shore’s management philosophy is rooted in a shared vision of success developed jointly with their entrepreneurs and board members. Utilizing the Shore playbook, they have generated consistent and repeatable results.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Cory Strickland, with support from Vice President, M&A, Jacob Mangalath, successfully closed the deal. Senior Managing Director James Carr established the initial relationship with Cleburne.

“I was thrilled to be able to represent Real Performance in this transaction. The owners of Real Performance are fantastic people and are the leaders in physical therapy in the Cleburne area,” said Strickland.

He added, “When I met the owners, the first thing that they told me was that their primary objective was to make sure that we found the best fit for their clients and employees. I believe we found them that match with Golden Bear.”

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Healthcare & Life Sciences page.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Food, Beverage & Consumer Products/Services page.

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