News: Press Release
Offit Kurman’s M&A Group Represents Alliance Physical Therapy in Acquisition of Quality Chiropractic and Rehab
For Immediate Release
November 14, 2018 | Herndon, VA On the heels of numerous business transactions in the Mid-Atlantic, Offit Kurman’s Mergers and Acquisitions (M&A) Practice Group assisted in the closure of another deal earlier this month. Attorneys Michael N. Mercurio and Daniel Hofherr represented Alliance Physical Therapy, LLC in its acquisition of Quality Chiropractic and Rehab, Inc. The transaction closed on November 2nd.
Led by Dr. Camille D’Amato, Quality Chiropractic has earned a reputation as the premier destination for chiropractic care for patients in Fairfax County, Virginia. The organization's team of chiropractors, physical therapists, and certified sports physicians has provided a wide range of chiropractic care, dry needling, orthotics, physiotherapy, nutritional and weight loss counseling, and other treatments. Patients have included people who have suffered auto injuries, athletes with sports injuries, pregnant women, infants, and children, as well as those suffering from complaints such as headaches and migraines, back pain, sciatica, neck pain, foot pain, whiplash, and other injuries.
With more than a dozen locations throughout the region, Alliance Physical Therapy is a leading provider of physical therapy and rehabilitation services in Northern Virginia and the D.C. metropolitan area, and Richmond, Virginia. Alliance clinics specialize in post-surgical rehabilitation and ergonomics, as well as in treating patients suffering from low back pain, neck pain, muscle strain and joint sprains, chronic pain, athletic injuries, heel pain, and more. The organization also does business as Alliance Rehab & Physical Therapy; Alliance Rehabilitation, LLC; and Active Physical Therapy Services, LLC.
Alliance’s acquisition of Quality Chiropractic is just one of many transactions Offit Kurman’s M&A attorneys have assisted with in 2018. Days before the deal closed, Mr. Mercurio and Mr. Hofherr successfully represented a buyer of a chimney repair and home improvement company in Rockville, Maryland. A large number of the transactions Offit Kurman’s M&A attorneys have handled involve hospitals, managed care organizations, pharmacies, health care staffing agencies, physician groups, vendors, device manufacturers, and other members of the health care industry.
“It’s been a banner year for our M&A group, particularly in the health care space,” said Mr. Mercurio. “We’re seeing consolidations at a rapid rate thanks to a strong U.S. economy and fewer barriers for buyers and sellers alike, but the window is closing soon. I’ve said it before, and will probably say it again: consider selling now if you can, because this market won’t last long.”
Offit Kurman’s M&A Practice Group has published several articles and resources on the ways business owners on both the sell-side and the buy-side can take advantage of the current M&A market. To learn more, and to get in touch with an Offit Kurman M&A attorney, click here.
ABOUT MIKE MERCURIO
Mr. Mercurio serves as outside general counsel to clients on matters related to corporate and business law, commercial transactions, government contracting, healthcare, construction services, and real estate. As a strategic partner to firm clients, Mr. Mercurio regularly counsels entrepreneurial individuals and assorted entities on all aspects of business and commerce including formation and structure; ownership, management, and control; financing and capital; expansion and acquisition; sale and transfer; and contraction and dissolution.
ABOUT OFFIT KURMAN
Offit Kurman is one of the fastest-growing, full-service law firms in the Mid-Atlantic region. With over 180 attorneys offering a comprehensive range of services in virtually every legal category, the firm is well positioned to meet the needs of dynamic businesses and the people who own and operate them. Our twelve offices serve individual and corporate clients in the Maryland, Delaware, New Jersey, and Northern Virginia markets, as well as the Washington DC, Baltimore, Philadelphia, and New York City metropolitan areas. At Offit Kurman, we are our clients’ most trusted legal advisors, professionals who help maximize and protect business value and personal wealth. In every interaction, we consistently maintain our clients’ confidence by remaining focused on furthering their objectives and achieving their goals in an efficient manner. Trust, knowledge, confidence—in a partner, that’s perfect.
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