Martin Healthcare Advisors, LLC Advises Peak Physical Therapy on its Partnership with Confluent Health

December 31, 2021 - Martin Healthcare Advisors, LLC ("MHA") is pleased to announce that it has served as the exclusive financial advisor to Peak Physical Therapy ("Peak"), a private and PTA-owned physical therapy group located throughout Idaho and Washington state, on its strategic partnership with Confluent Health ("Confluent").

“Since opening our doors in 1999, Peak PT has evolved into Idaho’s premier provider of physical therapy care, delivering clinical excellence by attracting and empowering the best talent in the region,” says Darin Tucker, PTA, Peak PT CEO. “Throughout the years, our practice has grown to include 10 locations throughout Idaho and two clinic locations in neighboring Washington, all for the convenience of our patients, clients, and referring providers.”

“We are very proud to be bringing such an outstanding group of clinicians into the Confluent Family,” says Confluent Health’s President and CEO Larry Benz, PT, DPT, OCS, MBA, MAPP. “Darin’s approach to specialized patient care and talent development will be a core focus of our new partnership and his entire team’s abilities are going to add significant value as we grow together.”

“Darin has mastered the integration of bringing together the best clinical talent and delivering the highest quality service and care excellence. In the years to come, accommodating the vast growth and volume of musculoskeletal and chronic pain patients requires proven, hands-on partnerships and we believe Peak PT is perfectly aligned to answer the call.”

Darin continued to say the following about the transaction process, "I think that when entering into a buy/sell situation, all owners desire the same thing: being able to find someone knowledgeable and trustworthy to represent them, to find a buyer/partner that will represent your company as passionately as you did, receive a good valuation and to be provided the opportunity to grow or pursue your interest in a way that best suites you. The MHA team helped me hit a grand slam. I got all of those things in excess, and I have zero regret; they definitely exceeded my expectations, and my expectations are set high. This deal secured my financial future, it has given me the opportunity to continue to grow my business turning it into what I have always dreamed it to be. I never thought I would be where I am today, and I could not have done it without the stellar help of MHA. MHA rocked this! My family and I thank you from the bottom of our hearts!"

MHA, a nationally-recognized advisor and consultant to the rehab industry, assisted in initiating, structuring and negotiating the transaction on behalf of Peak.

About Peak Physical Therapy

Peak Physical Therapy (“Peak” or the “Company”) is a patient-centric and growth-oriented company and one of the leading privately-held providers of physical therapy and sports rehabilitation in the Pacific Northwest. The Company consists of 12 clinics across Idaho and Washington state. Peak has been thoughtful and opportunistic with its growth strategy and continues to find and develop new growth opportunities through both de-novo clinics and strategic acquisitions in existing and adjacent markets. The Company's skilled team of providers, coupled with Peak's patient-centric and results-driven culture, enable it to consistently treat and educate clients for diverse rehabilitation and physical therapy needs.

About Confluent Health

Confluent Health ("Confluent" or the "Company") is a family of physical therapy and occupational therapy companies transforming healthcare by strengthening private practices, developing and educating highly effective clinicians and lowering healthcare costs through workplace wellness and injury prevention. The Company is run by physical therapists and provides shared services, continuing education, professional development, mentorships and true partnerships. Confluent's partners get all the advantages of a large company so they can focus on running their clinical practices and serve their local communities.

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About Martin Healthcare Advisors, LLC

Martin Healthcare Advisors (MHA) is a national leader in middle market healthcare mergers & acquisitions, valuations, profit building consulting and buyer-seller advisory services specializing in the rehabilitation industry and other healthcare services businesses. MHA partners with business leaders and healthcare services entrepreneurs to drive value and profitability in their organizations. Hundreds of companies across the U.S. rely on MHA’s expertise, hands-on approach and industry-leading proprietary systems to improve and manage their company’s financial, operational and market conditions.

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