Therapy Firms Merge

"Water Street Healthcare Partners and Wind Point Partners announced that they have merged two portfolio companies to create an outpatient physical therapy business.

Financial terms aren't being disclosed, but the new business would have a $300 million enterprise valuation, a source said.

Kirkland & Ellis LLP attorneys Ted Zook, Jody Gale and Gregory Grove were counsel to Water Street."

This article appeared in its entirety in the June 28, 2007 edition of The Deal.