Clairvest Group Inc. (TSX: CVG) (“CVG”) announced that it, together with Clairvest Equity Partners VI (“CEP VI”, collectively “Clairvest”), has made a minority equity investment in Mountain Land Physical Therapy (“Mountain Land”). Mountain Land is an outpatient physical therapy business with 41 clinics located in the Mountain West region of the United States. Mountain Land was founded in 1984 and is led by Chief Executive Officer Rick Lybbert and Chief Operating Officer Jason Lobb, both of whom are physical therapists and have been with the business for 30+ and 20+ years, respectively. Rick, Jason and other owners will be rolling substantially all of their equity alongside Clairvest and will retain a majority ownership position.
Read the full article: Clairvest Completes Growth Equity Investment into Mountain Land Physical Therapy, Its Third Medical Practice Management Partnership //
Source: https://www.globenewswire.com/news-release/2023/07/06/2700854/0/en/Clairvest-Completes-Growth-Equity-Investment-into-Mountain-Land-Physical-Therapy-Its-Third-Medical-Practice-Management-Partnership.html