H2 Health Announces the Acquisition of Rankin Physical Therapy
Transaction expands H2’s regional coverage throughout West Virginia and Mid Atlantic
Jacksonville, Florida — December 30, 2021 — H2 Health, www.h2health.com, a comprehensive rehabilitation provider, announced today the acquisition of Rankin Physical Therapy, the preeminent provider of therapy services throughout the Eastern Panhandle of West Virginia. With this acquisition, H2 is now the largest operator of outpatient physical therapy clinics in West Virginia and operate 44 locations throughout growing areas along the I-81 and I-64 corridors of Virginia and West Virginia. BMO Harris Bank’s Sponsor Finance team provided debt financing in connection with the transaction.
Guy Sansone, CEO, Chairman and Co-Founder of H2 Health noted, “It has been a pleasure to work with Kelley and Jennifer Rankin throughout this process. The Rankin brand has stood for quality and community for 20 years, and we look forward to working with Kelley and Jen on extending their legacy as well as the H2 brand in Berkeley, Jefferson, and Washington Counties”
Kelley Rankin, PT, MPT, founder of Rankin Physical Therapy added “The H2 team has been forthcoming and honest, and I firmly believe their values and mission is consistent with the foundational beliefs that have shaped Rankin Physical Therapy since our opening in 2001”
For more information visit www.H2Health.com or email contactus@h2health.com
About H2 Health
H2 Health, a portfolio company of Grant Avenue Capital, provides comprehensive rehabilitation services to children, adults, and seniors throughout its fast-growing operating network. Located in ten states, H2 owns, operates and manages 119 clinics in communities across the country.