Concentra to acquire Pivot Onsite Innovations for $55M; doubles onsite health segment

Concentra Group Holdings Parent, Inc.

$55M acquisition of Pivot Onsite Innovations from Athletico Physical Therapy.
Concentra Onsite Health expands from ~150 to ~350 clinics across 40+ states.
Transaction expected to close in Q2 2025, financed with cash on hand and revolver.
Key Pivot executives (Dr. Lawrence Goren, Scott Goren, Paul Goren) to join Concentra.

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