Sheridan Capital Partners has completed an undisclosed investment in Pt Everywhere, a Raleigh, North Carolina-based practice management and integrated payments software platform serving outpatient physical therapy and related rehabilitation providers. Pt Everywhere provides an integrated practice management platform that enables physical therapy clinics to manage scheduling, clinical documentation, billing and collections through a single workflow. The platform primarily serves small and mid-sized physical therapy practices, including those operating on cash-pay and hybrid reimbursement models.

Current CEO Andrew Shofner will continue to lead the business under Sheridan’s ownership. Jacob Greenberg at Sheridan Capital Partners praised Andrew Shofner and the Pt E team for driving an impressive operational and technological transformation. Greenberg added that the firm is confident Pt E’s scalable infrastructure, differentiated technology and disciplined operating model will support both organic growth and strategic add-on acquisitions.

The transaction was led by Jacob Greenberg, Aman Singla and Noah Benson at Sheridan Capital Partners. Sidley Austin served as legal counsel to Sheridan, while Goodwin Procter served as legal counsel and Kaizen Equity Partners served as financial advisor to Pt Everywhere.