Ivy Rehab has partnered with the Theraplay Family of Companies to become the nation’s largest outpatient pediatric rehabilitation provider. Through its largest pediatric therapy partnership to date, this expands the Ivy Rehab Network to more than 420 clinics, including nearly 100 pediatric-dedicated facilities.
“Ivy Rehab proudly has a long-standing reputation of providing exceptional care with remarkable patient experiences. After identifying our communities’ need for pediatric-specific physical, speech, and occupational therapy and ABA services, we formed Ivy Rehab for Kids to provide the same exceptional experiences specifically crafted for our youngest patients,” said Troy Bage, CEO of Ivy Rehab for Kids. “We look forward to providing high-quality care to more communities through this partnership. We could not be more thrilled to partner with the Theraplay Family of Companies, combining forces to be the leading pediatric therapy enterprise in the country.”
The Theraplay Family of Companies offers physical, speech, and occupational therapy at its 31 clinics across Delaware, New Jersey, Pennsylvania, and Virginia. The clinics are represented by the four brands: The Children’s Therapy Center, Fleming Therapy Services, Positive Steps Therapy, and Theraplay. Its skilled pediatric clinicians offer individualized therapy services in a play-focused environment, improving the lives of thousands of children and their families.
“We are passionate about delivering the highest quality of care and are thrilled to be able to expand the delivery of this care through the partnership with Ivy Rehab for Kids. This partnership will allow our team access to Ivy Rehab’s clinician growth programs in leadership and in-house pediatric residencies,” said Sandra Ryan, CEO for the Theraplay Family of Companies. “The opportunities for knowledge-sharing and collaboration will empower our teams to provide the finest care for the children and families we serve.”
About Ivy Rehab
Founded in 2003, Ivy Rehab is a rapidly growing network of best-in-class outpatient physical, occupational, speech therapy, and ABA clinics throughout the United States. The Ivy Rehab Network is comprised of multiple brands dedicated to providing exceptional care, personalized treatment, and unparalleled outcomes. With the support of leading middle-market private equity firm Waud Capital Partners, Ivy Rehab will continue its strategic growth via the ongoing investment in new partners who embrace a shared mission, vision, and values, and a culture of being “All About the People.”
About the Theraplay Family of Companies
Founded in 1991, Theraplay’s mission has always been to enable children and adolescents to maximize their potential through functional, play-based therapy. Our occupational, physical, and speech therapy services, along with feeding and concussion rehabilitation programs, and early intervention have helped improve the lives of thousands of children and their families.
Edgemont Partners served as the exclusive financial advisor to the Theraplay Family of Companies in the transaction.
