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H.I.G. Capital Completes Acquisition of Reliant Rehabilitation
Friday 14 September 2018

14 September 2018 - US-based private equity firm H.I.G. Capital, LLC has completed the acquisition of Reliant Rehabilitation Holdings, Inc., a provider of therapy services to skilled nursing facilities, the firm said.

Terms of the deal were not disclosed.

Headquartered in Plano, Texas, Reliant is one of the largest providers of contract therapy services in the United States.

The company utilises a proprietary care model that emphasizes early intervention/assessment, properly designed clinical care plans and pathways to improve patients' functional levels.

Reliant differentiates itself by possessing best-in-class therapist recruitment, program performance management, customer marketing support and industry-leading compliance systems.

Founded in 2001, Reliant is a provider of rehabilitation management services (physical, occupational and speech therapy) to skilled nursing facilities across the United States.

Reliant has approximately 9,000 employees who currently serve more than 800 facilities in 40 states.

H.I.G. is a global private equity and alternative assets investment firm with over USD 25bn of equity capital under management.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of USD 30bn.
Details
Date Published: 14/09/2018
Target: Reliant Rehabilitation Holdings
Country: USA
Sector: Healthcare
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: H.I.G. Capital, LLC
Comment:
Terms of the deal were not disclosed

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