Austin, Texas-based Spindletop Pain Management Holdings and San Antonio-based Tricity Pain Associates acquired Barnes Physical Therapy in San Antonio and rebranded as Phase Four Physiotherapy.
Three details:
1. Spindletop plans to expand Phase Four Physiotherapy across the Texas markets of Dallas, Houston, Austin and San Antonio, where it already has a presence.
2. Spindletop Pain Management and Tricity Pain Associates partnered in 2018 to become leaders in pain management services. The partnership comprises 19 pain management providers across 13 clinics, including three ASCs in Texas.
3. Earlier this year, Spindletop Capital Management announced plans to invest $100 million in interventional pain management and acquired VIP Surgical Center, an ASC in Conroe, Texas.