Upstream Rehabilitation Completes Acquisition of Results Physiotherapy

Winston & Strawn LLP represented Upstream Rehabilitation, a portfolio company of Revelstoke Capital Partners and the leading pure-play outpatient physical therapy services provider, in its acquisition of Results Physiotherapy, a Nashville, Tennessee-based physical therapy company. With this acquisition, Upstream becomes the largest pure-play outpatient physical therapy provider in the United States. The Results clinics expand Upstream's portfolio to over 1,000 owned and managed clinics across 28 states. Upstream's approximately 3,500 providers perform over 5M patient visits annually. The Results acquisition is Upstream's largest acquisition to date and adds even greater scale, network density, and capabilities to the Upstream platform, all of which position Upstream's patients and stakeholders to continue benefiting from the shift to low-cost care settings and value-based care models.