H2 Health, a Grant Avenue Capital-backed physical therapy provider, is exploring a sale via Jefferies, according to three sources familiar with the matter. The Jacksonville, Florida-based company is marketing itself off around USD 25m-USD 30m in EBITDA, the sources said. The process is in the early stages, with indications of interest collected this month, two of them added. H2 Health provides physical therapy and other rehabilitation services through more than 190 clinics in 11 states, according to its website. Generally speaking, larger platforms can command a multiple of up to 12x EBITDA or more in some cases, one of the sources noted.
Read the full article: H2 Health Exploring Sale, Sources Say //
Source: https://ionanalytics.com/insights/mergermarket/h2-health-exploring-sale-sources-say/