CRESCENDA ANNOUNCES THE SALE OF ACTIVE THERAPEUTICS INSTITUTE
Minneapolis, Minnesota – Crescenda Investment Banking Advisors announced that its client, Active Therapeutics Institute (ATI) was acquired by Odom Health & Wellness.
Founded in 2004, ATI has grown to become one of the largest and highest regarded neck and back treatment clinics in the Twin Cities. "Active Therapeutics is a very customer-focused clinic that understands the importance of the patient/provider relationship. Adding it to Odom Health & Wellness’s portfolio will enhance our state-of-the-art outpatient sports medicine and functional wellness company," said John Odom, M.D., owner and President of Odom Health & Wellness. "ATI’s treatment protocols employ the industry’s gold standard of medical-grade technology and they complement our philosophy of providing specialized, effective care to patients managing chronic pain and injury rehabilitation."
"As everyone knows, healthcare in this country is going through major changes and it is becoming more difficult to remain independent”, adds Dr. Odom. “This acquisition allows us to expand our treatment options, providing us a more comprehensive offering to a referral base of physicians wanting to optimize their patients’ outcomes and quality of life."
Odom Health & Wellness utilizes a multi-disciplinary approach to maximize results for sports medicine, functional medicine, rehabilitation, nutrition, fitness and other areas that lead to an active, healthy and fulfilling life. Striving to remain at the forefront of integrative medicine, Odom Health & Wellness provides progressive treatments such as platelet rich plasma injection, prolotherapy, massage, Graston Technique and other therapies.
"We received several offers but are very pleased to have found the right buyer to continue offering the quality of neck and back rehabilitation and conditioning our patients have come to expect," said Howie Milstein, owner/partner in ATI. His partner, Dr. Michael Sudit, added, "Active Therapeutics was built on a reputation of quality care and positive outcomes and Dr. Odom and his excellent staff will continue that legacy."
Odom Health & Wellness is a state-of-the-art health and wellness clinic and is based in Minnetonka, Minnesota.
Crescenda Investment Banking Advisors (Crescenda, LLC) represented Active Therapeutics Institute as sell-side advisor. Jim Odney handled the sale for Crescenda.
www.atibackandneck.com
www.odomhealthandwellness.com
About Crescenda, LLC
Crescenda Investment Banking Advisors (Crescenda, LLC) is a mergers and acquisitions intermediary and investment banking advisory firm specializing in the sale of successful, privately held companies.
For more information, please contact:
Jim Odney, Managing Director Crescenda, LLC Ph: (763) 545-1886 jim@crescenda.com