Sano Physiotherapy, which received backing from Leeds-based investment fund Solingen Private Equity in 2017, has completed the acquisition of Nottinghamshire based Physio Direct Sherwood Limited to become one of the largest physiotherapy businesses in the UK.
Sano Physiotherapy Ltd, based in Leeds provides high quality physiotherapy services to over 1,000 patients per week from its current network of clinics to a mix of private, insurance referred and NHS patients as well as providing occupational health physiotherapy services to corporate customers such as Asda, Haribo and Wincanton Logistics. The Company also services several public-sector occupational health contracts.
Sano was founded in 2010 by Managing Director and Chartered Physiotherapist Matthew Taylor who established the Company’s first clinic based in Pudsey, Leeds. The acquisition of Nottinghamshire based Physio Direct has doubled the size of the overall group to a network of 40 clinics based from the North East to the Midlands.
The acquisition increases the overall patient volumes to in excess of 150,000 physiotherapy appointments per annum and will provide the platform for further growth for Sano Physiotherapy as it continues to implement plans to become the leading private physiotherapy business in the UK.
The enlarged Sano group now employs circa 100 full-time staff across its 40 locations of which 75 are healthcare professionals including 65 chartered physiotherapists.
Matthew Taylor, managing director of Sano, said: “This is an exciting time for Sano Physiotherapy Ltd as we continue to accelerate our ambitious growth plans. The acquisition of Physio Direct fits perfectly with our goal to increase our geographic footprint in the UK whilst continuing to provide the highest quality physiotherapy services to all our patients. We have been highly impressed with the quality and ethos of the Physio Direct business which fits well with how we operate at Sano”.
“We have come a long way from our original clinic in Leeds. The UK physiotherapy market is highly fragmented with many private businesses operating from single site business models. When I set out with Sano I had a vision to create a significant business which could become a nationwide presence and deliver high quality physiotherapy and occupational health services, and the acquisition of Physio Direct sets us firmly on that path.”
Owen Robinson, founder of Physio Direct said: “We are delighted to be joining the Sano Physiotherapy group. The opportunity to team up with Sano and become part of an enlarged business will enable us to expand our range of services and increase patient volumes. I look forward to working with Matthew and the team at Sano”
Sano Physiotherapy Ltd was provided with legal advice by Schofield Sweeney’s Corporate team (Adrian Ballam, Partner, and Daniel Bisby, Solicitor) and Commercial Property team (David Cowgill, Associate, and Richard Barrett, Solicitor).