Ivy Rehab is excited to announce its acquisition of Achieve Physical Therapy with clinics in Malaga and Vineland, NJ. The partnership with owners Paul Heim, PT and Richard Maung, PT, DPT, MPT will expand Ivy Rehab’s footprint in Southern New Jersey and gives Ivy Rehab 35 locations in New Jersey.
Achieve Physical Therapy was founded in 2003 and offers physical therapy, aquatic therapy, and a fitness center. “Both Achieve Physical Therapy and Ivy Rehab are committed to providing a culture that focuses on the people in our communities with the best patient experience available,” said Paul Heim, co-founder of Achieve Physical Therapy. “By joining forces, we are able to streamline our operational efficiencies which will allow us to further enhance our patients’ experience.”
“We’re very impressed with the entire team at Achieve Physical Therapy,” said Erin Kenney, President of Northeast Operations for Ivy Rehab. “We’re excited to welcome them to the Ivy Rehab family and to help expand the exceptional care and service that they already provide to patients in Southeastern New Jersey.”
The acquisition of Achieve Physical Therapy by Ivy Rehab will be effective on March 6th, 2017. The Achieve Physical Therapy name and branding will transition over the next few months. Richard Maung, co-founder of Achieve Physical Therapy stated, “Nobody is going anywhere. The same dedicated staff that our patients have come to know and trust will continue to serve them. Though our name will change, the exceptional level of care that our patients expect will always remain the same.”
The Achieve Physical Therapy clinics will become the 53rd and 54th locations for Ivy Rehab. To schedule an appointment at either of these clinics please reference the contact information listed here:
Schedule an appointment in Malaga, NJ
Schedule an appointment in Vineland, NJ
About Ivy Rehab
Founded in 2003, Ivy Rehab provides management support services to a rapidly growing network of outpatient physical therapy centers. Ivy Rehab provides a comprehensive offering of physical therapy services through its 54 centers in the Northeast and Midwest regions of the U.S. Ivy Rehab has been rated as the number one outpatient facility in the U.S. by a nationally-recognized, independent surveyor of patient satisfaction. Ivy Rehab was recapitalized by Waud Capital Partners (WCP) in 2016. WCP partners with exceptional management teams to acquire or create platforms in the U.S. lower middle-market through control-oriented growth equity investments, industry consolidation, buyouts or recapitalizations.
For additional information on WCP, please visit www.waudcapital.com.
