5th Century Partners has completed a strategic investment in ION PT Network, a physical therapy management company based in Tampa, Florida. Founded in 2017, ION PT Network serves the workers' compensation market. The terms of the investment were not disclosed. 5th Century Partners, founded in 2020 and based in Chicago, focuses on lower middle market companies within the healthcare and business services industries.
This partnership marks another significant move by 5th Century into the healthcare technology sector, leveraging ION PT Network's specialized platform to expand its portfolio reach.
Source: Healthcare Investor · Summarized by HeadlinesBriefing