Spire Healthcare acquires Physiolistic Limited

Private healthcare operator Spire Healthcare has acquired Thames Valley physiotherapist Physiolistic Ltd for an initial fee of £5.2m.

(c) Physiolistic

(c) Physiolistic

Physiolistic Ltd, which operates three clinics in Henley, Reading and Windsor, provides in-patient and out-patient physiotherapy services to Spire Dunedin Hospital for self-paying and insured patients.

Justin Ash, chief executive of Spire Healthcare, said: ‘The acquisition of Physiolistic complements our existing business and supports our strategy of selectively expanding our primary care offering. Physiolistic's physiotherapy services fit well with the existing hospital business and our fast-growing occupational health business, while providing a good springboard for future growth. Physiolistic is Spire's first acquisition of a physiotherapy business, enabling us to meet more of people's physical health needs. With its high quality services, exemplary patient feedback and proven management team, Physiolistic is an excellent addition to our business. I look forward to welcoming our new colleagues to Spire.'

Physiolistic has delivered significant revenue growth over the past three years through expansion of its Henley and Reading clinics and the opening of its newest clinic in  Windsor in May 2024.

The company offers physio services to all major insurance providers, including AXA, Bupa, Vitality and WPA.

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