Today’s issue of WorkCompRecap features more transaction-action, as from several angles it was announced that Align Networks, a provider of outpatient physical therapy services to the workers’ comp industry, had been sold to global growth equity firm General Atlantic. Financial details of the transaction were not disclosed.
Rick Rosen, Executive Managing Director of H.I.G. Capital (Seller) commented that this marks their “second highly successful partnership with Butch (Hofstetter, Align CEO) and members of the Align founding team”. Find out more from all angles of the deal by clicking here!