Concentra Group Holdings Parent, Inc. (CON): M&A transaction — Concentra closes $55M acquisition of Pivot Onsite Innovations, doubling onsite clinics to ~350

Concentra Group Holdings Parent, Inc.

Acquired all equity of Onsite Innovations (Pivot Onsite) for $55M, using cash and revolver.
Onsite Innovations operates ~200 clinics; combined Concentra Onsite Health now ~350 clinics across 40+ states.
Key leaders Dr. Lawrence Goren, Scott Goren, and Paul Goren transition to Concentra Onsite Health.
Acquisition financed with cash on hand and available revolver borrowing.
Deal doubles size of Concentra Onsite Health segment, aligning with growth strategy.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Concentra Group Holdings Parent, Inc. completed an acquisition involving Pivot Occupational Health, LLC for $55 million (closed 2025-06-01).

Action: acquisition
Counterparty: Pivot Occupational Health, LLC
Consideration: $55 million
Closing: 2025-06-01

Exact text from the filing

Pursuant to the terms of the Purchase Agreement, CHS acquired all of the outstanding equity interests of Onsite Innovations from the Seller and paid a purchase price of $55 million, subject to certain customary adjustments in accordance with the terms set forth in the Purchase Agreement. CHS financed the transaction using a combination of cash on hand and

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Concentra Group Holdings Parent, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-055287

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