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SportsMed Expands to 54 Clinics After Acquisition

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SportsMed Physical Therapy, backed by Hildred Capital Management, has acquired Connecticut-based The Physical Therapy and Rehabilitation Center. The acquisition expands SportsMed's network to 54 clinics across New Jersey and Connecticut, though financial terms remain undisclosed. The deal represents continued consolidation in the physical therapy sector.

The acquired clinics in Hamden and West Haven offer comprehensive services including physical therapy, occupational therapy, chiropractic care, acupuncture, and home care. CEO Peter N. Ponzini expressed excitement about welcoming the team, noting their reputation for clinical excellence aligns with SportsMed's mission of patient-centered care.

SportsMed has pursued strategic growth since partnering with Hildred Capital in 2018. The acquisition strengthens their Connecticut presence while maintaining their commitment to investing in communities and patients. Holland and Knight served as legal counsel for the transaction.