Pediatric Advanced Therapy (PAT) is an innovative and fast-growing provider of occupational, speech, and physical therapy services for children. Based in North Carolina, PAT is having an enormous impact on a rapidly increasing number of children and their families through highly differentiated services delivered by extremely skilled therapists.
SF advised on a complex recapitalization of the company involving a partner buyout, growth equity investment, and real-estate purchase and refinancing. SF Managing Director Dave Gilroy is a significant shareholder and board member for the company.
Key facts for Pediatric Advanced Therapy are as follows:
- Founded in 1999 as Integrative Therapy Concepts
- Specialties: Occupational, Speech and Physical Therapy
- Staff: Over 20 therapists and 100 years of clinical pediatric experience
- Facilities: 12,000 square foot clinic in Mooresville, NC and 1,000 sf satellite clinic in Salisbury, NC
- Insurance: Most major providers.
Through almost 20 years of operations, Pediatric Advanced has impacted the lives of children affected by developmental delays, autism, cerebral palsy, prematurity, Downs syndrome, ADHD, Fragile X, spina bifida, seizure disorders and sensory integration dysfunction.
PAT now employ more than 25 occupational therapists, physical therapists, and speech therapists in addition to office staff. Serving more than 250 children per week, PAT therapists guide and assist children to function optimally in their major roles (known as occupations) in life. A child’s primary occupation may include play, self-care, and school related activities. The skills necessary for successful, age appropriate functioning in these occupations include, but are not limited to: fine motor and gross motor coordination, sensory processing, visual perceptual and visual motor skills, attention (social & amp; emotional), and daily living skills. PAT’s clinics offer novel equipment, creative treatment space, unique environmental set-ups, and a dynamic staff, all of which allow PAT to meet the individual needs of each child through Therapy. The company is committed to helping each child reach his or her full potential through direct treatment, education and community outreach.
About Scale Finance
Scale Finance LLC (www.scalefinance.com) provides contract CFO services, Controller solutions, and support in raising capital, or executing M&A transactions, to entrepreneurial companies. The firm specializes in cost-effective financial reporting, budgeting & forecasting, implementing controls, complex modeling, business valuations, and other financial management, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are growing technology, healthcare, business services, consumer, and industrial companies at various stages of development from start-up to tens of millions in annual revenue. Scale Finance LLC has offices throughout North Carolina including Charlotte, Raleigh/Durham, Greensboro, and Wilmington, with a team of more than 45 professionals serving more than 120 companies throughout the region.