The Joint Corp. acquires four franchised clinics for $5.8M; expects immediate accretion

JOINT Corp

Total consideration $5.8M: $5.6M cash at close, $200K within 90 days.
Clinics located in Scottsdale/Phoenix region; company will operate as company-owned.
Expected to be immediately accretive to bottom line and improve corporate clinic margin.
Seller was multi-unit franchisee consolidating to California; valuation in-line with prior deals.

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