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Select Transactions

250+ Clinics. 46 States. One Focus.

Every organization listed below trusted Mihama to manage the most significant financial transaction of their professional life. Across PT, OT, and ST practices of every size, we have delivered competitive auction processes, protected seller confidentiality, and closed deals that exceeded our clients’ expectations. The names below represent a selection of our work—our full transaction history extends considerably further.

250+
Clinics Transacted
$750M+
Total Transaction Value
200+
Buyers in Network
195
Avg. Days to Close

Select Transactions
Closed

These are select transactions only. Mihama has closed and is in process on a significantly larger number of engagements across the PT, OT, and ST space. Acquirer names are withheld to protect the confidentiality of each transaction; additional references and details are available to qualified parties upon request.

62 select transactions
Florida
has been acquired byStrategic Platform Partner
Sell-side advisor
Louisiana
has been acquired byStrategic Platform Partner
Sell-side advisor
New York
has been acquired byStrategic Platform Partner
Sell-side advisor
Missouri
has been acquired byStrategic Platform Partner
Sell-side advisor
California
has been acquired byStrategic Platform Partner
Sell-side advisor
Utah
has been acquired byStrategic Platform Partner
Sell-side advisor
Texas
has been acquired byStrategic Platform Partner
Sell-side advisor
Texas
has been acquired byStrategic Platform Partner
Sell-side advisor
Montana
has been acquired byStrategic Platform Partner
Sell-side advisor
Kansas
has been acquired byStrategic Platform Partner
Sell-side advisor
Illinois
has been acquired byStrategic Platform Partner
Sell-side advisor
Washington
has been acquired byStrategic Platform Partner
Sell-side advisor
Texas
has been acquired byStrategic Platform Partner
Sell-side advisor
California
has been acquired byStrategic Platform Partner
Sell-side advisor
Texas
has been acquired byStrategic Platform Partner
Sell-side advisor
Maryland
has been acquired byStrategic Platform Partner
Sell-side advisor
Wyoming
has been acquired byStrategic Platform Partner
Sell-side advisor
Texas
has been acquired byStrategic Platform Partner
Sell-side advisor
Tennessee
has been acquired byStrategic Platform Partner
Sell-side advisor
Montana
has been acquired byStrategic Platform Partner
Sell-side advisor
Colorado
has been acquired byStrategic Platform Partner
Sell-side advisor
Rhode Island
has been acquired byStrategic Platform Partner
Sell-side advisor
Maryland
has been acquired byStrategic Platform Partner
Sell-side advisor
Illinois
has been acquired byStrategic Platform Partner
Sell-side advisor
Wyoming
has been acquired byStrategic Platform Partner
Sell-side advisor
Texas
has been acquired byStrategic Platform Partner
Sell-side advisor
New Jersey
has been acquired byStrategic Platform Partner
Sell-side advisor
Illinois
has been acquired byStrategic Platform Partner
Sell-side advisor
California
has been acquired byStrategic Platform Partner
Sell-side advisor
Colorado
has been acquired byStrategic Platform Partner
Sell-side advisor
New Jersey
has been acquired byStrategic Platform Partner
Sell-side advisor
Oregon
has been acquired byStrategic Platform Partner
Sell-side advisor
Alaska
has been acquired byStrategic Platform Partner
Sell-side advisor
Florida
has been acquired byStrategic Platform Partner
Sell-side advisor
Colorado
has been acquired byStrategic Platform Partner
Sell-side advisor
California
has been acquired byStrategic Platform Partner
Sell-side advisor
Florida
has been acquired byStrategic Platform Partner
Sell-side advisor
North Dakota
has been acquired byStrategic Platform Partner
Sell-side advisor
South Dakota
has been acquired byStrategic Platform Partner
Sell-side advisor
California
has been acquired byStrategic Platform Partner
Sell-side advisor
Oregon
has been acquired byStrategic Platform Partner
Sell-side advisor
Kentucky
has been acquired byStrategic Platform Partner
Sell-side advisor
Washington
has been acquired byStrategic Platform Partner
Sell-side advisor
North Dakota
has been acquired byStrategic Platform Partner
Sell-side advisor
Louisiana
has been acquired byStrategic Platform Partner
Sell-side advisor
Colorado
has been acquired byStrategic Platform Partner
Sell-side advisor
Colorado
has been acquired byStrategic Platform Partner
Sell-side advisor
California
Santa Monica Physical Therapy
has been acquired byStrategic Platform Partner
Sell-side advisor
Colorado
has been acquired byStrategic Platform Partner
Sell-side advisor
Massachusetts
has been acquired byStrategic Platform Partner
Sell-side advisor
Missouri
has been acquired byStrategic Platform Partner
Sell-side advisor
Oregon
has been acquired byStrategic Platform Partner
Sell-side advisor
Missouri
has been acquired byStrategic Platform Partner
Sell-side advisor
Tennessee
has been acquired byStrategic Platform Partner
Sell-side advisor
New Hampshire
has been acquired byStrategic Platform Partner
Sell-side advisor
Arizona
has been acquired byStrategic Platform Partner
Sell-side advisor
California
has been acquired byStrategic Platform Partner
Sell-side advisor
South Carolina
has been acquired byStrategic Platform Partner
Sell-side advisor
Idaho
has been acquired byStrategic Platform Partner
Sell-side advisor
Indiana
has been acquired byStrategic Platform Partner
Sell-side advisor
Texas
has been acquired byStrategic Platform Partner
Sell-side advisor
Indiana
has been acquired byStrategic Platform Partner
Sell-side advisor
The National Footprint

Every clinic,
one advisor.

—
The national footprint
8 ClinicsCalifornia
Acquired by
Strategic Platform Partner
✔Mihama · Exclusive Sell-Side Advisor
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What a Mihama
Process Looks Like

Case Study · Wyoming

Hand & Physical Therapy of Wyoming

Nine Locations · Wyoming, USA

After more than two years of direct negotiations with an institutional buyer that yielded no meaningful progress—despite repeated commitments to a future partnership—Hand & Physical Therapy of Wyoming engaged Mihama to run a structured process and identify a more suitable partner.

Within five weeks of launching a targeted blind auction, Mihama secured six letters of intent from qualified buyers. The seller entered exclusive due diligence shortly thereafter, ultimately closing with a best-fit strategic partner at a valuation that substantially exceeded the terms previously offered through direct negotiation.

Throughout the process, Mihama provided strategic support across organizational restructuring, SBA financing challenges, and lease reassignment logistics—while keeping the entire transaction confidential from staff and referral sources through closing day.

Competing Where It Matters

Mihama regularly competes in the same market as Wall Street-advised transactions—deals involving practices many times the size of those we typically represent. Our blind auction process has consistently produced multiples that are competitive with, and in many cases comparable to, those achieved in significantly larger, institutionally backed deals. Scale is not the only path to a strong outcome. Process is.

From start to finish, Mihama was impressive to say the least. They absolutely made our dreams a reality by partnering us with the best fit for our clinics. If you choose Mihama, you will not be disappointed.
— Anni Stafford, Owner · Hand & Physical Therapy of Wyoming
6
Letters of Intent Received
5
Weeks to First LOI
9
Clinic Locations at Close
↑
Above Direct-Negotiation Valuation

Post-Close Benefits Secured

Enhanced reimbursement rates through national payer contracts, improving net revenue immediately upon close
Expanded employee benefits including competitive health insurance and 401(k) match, supporting staff retention
Dedicated corporate development support for de novo expansion across Wyoming
Full back-office transition including billing, HR, and marketing handled by the buyer’s infrastructure team

200+ Institutional Buyers.
Competing for Your Practice.

A selection of the platforms, PE-backed groups, and strategic operators in our active buyer network.

“Working with Mihama made a seemingly impossible sale possible. They fought hard for the highest valuation and operated with my best interest in mind the entire way through.”
— Roland Cochrun · Powered by Motion

Voices from the
Closing Table

What does it feel like to have Mihama in your corner? In their own words.

Join 60+ Owners Who
Chose Mihama.

Every practice on this list started with a single conversation. There was no commitment, no pressure, and no fee until a deal closed on terms the seller was proud of. We would like to have that conversation with you.