New York-based private equity firm The Beekman Group, through Beekman Investment Partners IV LP, invested in Twin Boro Physical Therapy Associates PA.
Financial terms of the deal were not disclosed.
The capital investment, which took effect Aug. 28, resulted in the creation of a management services organization supporting 23 physical and occupational therapy clinics in New Jersey. Twin Boro services commercial, Medicare and workers' compensation patients.
The Beekman Group invests in healthcare services, consumer services and business services companies.
