Accelerated Rehabilitation Centers, a provider of outpatient rehabilitation services and a portfolio company of OMERS Private Equity, has completed the acquisition of Momentum Physical Therapy, a two-clinic provider of traditional and specialty rehabilitation services.
Momentum Physical Therapy has locations in Libertyville and Lakemoor, IL and provides a range of traditional and specialty rehabilitation services. The company was founded in 2007 by Michael Shoemake (www.momentumphysicaltherapy.com).
“Momentum has a history of focusing on clinical excellence, which aligns closely with our philosophy at Accelerated. We look forward to partnering with Mike and his team going forward,” said Eric Warner, President and CEO of Accelerated.
Accelerated Rehabilitation Centers is a provider of outpatient rehabilitation services, including pre- and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, and rehabilitation of injured workers. The company operates a network of 288 centers, including 237 owned centers and 51 under management service agreements. Accelerated Rehabilitation Centers is based in Chicago (www.acceleratedrehab.com).
OMERS Private Equity manages the private equity activities of OMERS, one of Canada’s largest pension funds. The group’s investment strategy includes the active ownership of businesses in North America and Europe. Sectors of interest include manufacturing, financial and business services, industrial and consumer products, transportation, and technology. Investment sizes range from $100 million to $500 million. The firm is located in Toronto with offices in New York and London and has $6.5 billion of investments under management (www.omerspe.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 1-16-13