buyout·deskPrivate equity, daily
Fri, Jul 24, 2026
Daily briefFriday, July 24, 2026
6 deals tracked · Updated 10:11 AM PDT·Full deal sheet
Add-on·Healthcare/Provider Services·May 4, 2026

Arete Health acquires Virginia Rehabilitation & Wellness and Summerville Physical Therapy

Adds outpatient rehab locations in Virginia and South Carolina, bringing the MBF Healthcare-backed platform to 16 clinics while expanding its clinician-led model in the Mid-Atlantic and Southeast.

Takeaways

  • Virginia Rehabilitation & Wellness and Summerville Physical Therapy is a outpatient physical therapy and rehabilitation clinics.
  • Arete Health is acquiring Virginia Rehabilitation & Wellness and Summerville Physical Therapy with backing from MBF Healthcare.
  • The target serves adults requiring outpatient physical therapy and rehabilitation across Virginia and South Carolina.
BuyerArete Health
TargetVirginia Rehabilitation & Wellness and Summerville Physical Therapy & Balance for Adults
SponsorMBF Healthcare
TypeAdd-on
GeographyVirginia and South Carolina
IndustryHealthcare
Sub-sectorProvider Services

MBF Healthcare-backed Arete Health has pulled in two more outpatient rehabilitation practices, bringing its clinician-led network to 16 clinics.

The acquisitions of Virginia Rehabilitation & Wellness and Summerville Physical Therapy & Balance for Adults mark the platform’s entry into the South Carolina market and deepen its existing presence in Virginia.

Virginia Rehabilitation & Wellness operates clinics in Chantilly and Fairfax, Virginia.

Summerville Physical Therapy & Balance for Adults serves patients in Summerville, South Carolina.

Both provide outpatient physical therapy and rehabilitation services.

Arete Health launched in 2025 with the acquisition of Carolina Rehabilitation, a four-clinic platform in North Carolina, and later added ProFlex Physical Therapy, which brought seven locations across Maryland and Virginia.

The new deals give Arete Health 14 acquired clinics plus two de novo sites.

The platform plans to open additional de novo clinics later this year through an operating partner model that pairs with entrepreneurial rehabilitation professionals.

CEO Eric DeYoung said the organization is built around clinical leadership, operational discipline, and expanding patient access to care.

The operating partner model aims to support local clinical leaders while preserving community-based identities.