Twin Boro Physical Therapy Adds 9 Clinics to Form ActivePro Rehab Partners
NEW YORK--(BUSINESS WIRE)-- Twin Boro Physical Therapy (“Twin Boro”) is pleased to announce the completion of its latest partnership with Pro Staff Physical Therapy (“Pro Staff”), a leading physical therapy operator in Northern New Jersey with nine outpatient clinics offering physical therapy, occupational therapy, and diverse rehabilitative services. This represents Twin Boro’s second partnership in as many years, the first of which was with Strulowitz & Gargiulo Physical Therapy (“S&G”), completed in December 2019. S&G operates two outpatient clinics in Hudson County, NJ and provides physical therapy and occupational therapy to a number of hospitals and schools in the area as well.
Pro Staff CEO Michael Maffucci commented, “joining with the Twin Boro platform is enabling Pro Staff to access a tremendous amount of administrative and clinical support allowing me and my team to grow and optimize our operations. With our new partnership, I am confident we can accelerate our expansion and maintain our strong commitment to quality patient care.”
In furtherance of Twin Boro’s mission to be the first-choice provider of physical therapy and rehabilitation services in New Jersey and adjoining geographies, Twin Boro and its partners have formed ActivePro Rehab Partners (“ActivePro”), www.activeprorehab.com, a premier managed services organization to provide operational, administrative and strategic support to its network of physical therapy brands, clinics, and providers. Combined, ActivePro will oversee nearly 40 clinical and occupational therapy facilities across 11 counties in New Jersey, and is actively pursuing additional partnerships with best-in-class clinicians across the state, as well as nearby counties in Pennsylvania, New York and Delaware.
Andrew Lotsis, CEO of Twin Boro and ActivePro comments that “the formation of ActivePro will create one of the region’s largest physical and occupational therapy practices, with more than 175 clinicians offering an array of physical and occupational therapy services. ActivePro will strive to attract best-in-class clinicians and staff to deliver the highest quality patient care in the industry. Partnering with the teams at Pro Staff and S&G are just the beginning of bringing together the region’s best clinicians under a common platform.”
Twin Boro partnered with The Beekman Group in August 2019 to accelerate clinic growth within the state of New Jersey and beyond via acquisition and de novo expansion. Since then, the business has taken a balanced approach broadening the scale of its platform while preserving the distinct culture built by Twin Boro over its 40 year history. The formation of ActivePro will allow its family of brands to benefit from industry-wide best practices and further develop a network of clinics through a blended partnership and acquisition model in its pursuit to build one of the best physical and occupational therapy groups in the region.
About The Beekman Group
The Beekman Group is a private equity firm, based in New York City, which focuses on building industry-leading companies in the healthcare, consumer, and business services sectors. The Beekman Group partners with entrepreneurs and management teams to execute on a disciplined organic and acquisition growth strategy to build exceptional companies. Since the firm’s inception, The Beekman Group has raised over $800 million of equity and has completed 130 acquisitions, including over 20 platform companies and 109 add-on acquisitions. For more information, please visit www.thebeekmangroup.com
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The Beekman Group
Source: The Beekman Group
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