Physical therapy firm acquires franchise locations

SARASOTA — Fyzical Holdings has acquired four franchise locations in the Las Vegas area.

Sarasota-based Fyzical Therapy and Balance Centers is a network of physical therapy, balance and wellness centers. According to a press release, the company now owns and operates these four corporate-owned clinics with another 10 brand clinics in Southwest Florida. Terms of the deal were not disclosed. 

"This growth supports our overall strategy of innovation and the acquisition of the Las Vegas market not only allows us to expand the footprint of our Centers of Excellence, this also underscores our commitment to multi-unit ownership within our family of franchisees," says Fyzical Holdings CEO Brian Belmont in a statement. "We're looking forward to bringing the Fyzical offering to even more new markets this year and the evolution of the Las Vegas market is further evidence of that vision."

Fyzical Las Vegas opened four area physical therapy and balance centers in 2013. There are two in Summerlin, one in central Las Vegas and one in Henderson. 

Fyzical has more than 350 centers in 44 states, according to a press release.