SportsMed Physical Therapy, a provider of outpatient rehabilitation and wellness services, announced a strategic acquisition of WeCare Medical PT and Wellness in Maplewood. This move marks the company’s 51st clinic location, significantly bolstering its presence across New Jersey and Connecticut.
The latest addition, located in Essex County, reinforces SportsMed’s commitment to delivering accessible, high-quality, patient-centered care throughout the region.
Peter Ponzini, CEO of SportsMed Physical Therapy, emphasized the strategic importance of the acquisition.
“We’re proud to expand our presence in Essex County, with the acquisition of WeCare Medical PT and Wellness located in Maplewood,” Ponzini said. “This latest acquisition reinforces our commitment to bringing high-quality, patient-centered care to individuals in both Union and Essex counties.”
Comprehensive services for personalized recovery
The newly acquired Maplewood clinic will offer a broad suite of services, ensuring comprehensive care for the community. These services include:
- Physical therapy
- Occupational and hand therapy
- Chiropractic care
- Acupuncture
- HomeCare services
Each treatment plan is developed with a strong focus on clinical excellence and personalized recovery, aligning with SportsMed’s core mission of improving lives through movement and recovery.
Accelerated growth trajectory
The acquisition highlights SportsMed’s rapid expansion since partnering with Hildred Capital Management in 2018. The company has grown exponentially, starting with just 7 locations and now reaching a network of 51 clinics.
SportsMed is a portfolio company of Hildred Capital Management, a New York City-based investor specializing in lower-middle-market health care companies. Holland and Knight served as the legal counsel to SportsMed for this transaction.
