MOUNTAIN LAND PHYSICAL THERAPY ("Mountain Land") RECEIVES MINORITY EQUITY INVESTMENT FROM CLAIRVEST GROUP INC ("Clairvest" TSX:CVG). Partnership will accelerate Mountain Land's expansion in the Mountain West Region.

Salt Lake City, UTAH (July 6, 2023) - Mountain Land Physical Therapy, a premier provider of physical therapy services, is pleased to announce that Clairvest Group Inc has made a minority equity investment in the company. This strategic partnership provides Mountain Land Physical Therapy with access to industry expertise, resources, and capital to expedite growth and extend its presence in the market. The collaboration is geared towards enhancing patient care, fortifying market position, and pursuing new avenues for expansion.

"Our vision is to continue expanding throughout the Mountain West region to positively change as many lives as possible. We will continue to create value by providing excellent patient care, growth opportunities to our employees, and a values-driven culture that establishes trust. We are excited to have Clairvest join the Mountain Land Team; they bring valuable experience and expertise that will ensure our vision becomes a reality," said Rick Lybbert, CEO of Mountain Land.

Angus Cole, Managing Director of Clairvest said "We are thrilled to be backing a fully invested and experienced management team in this minority partnership deal. Mountain Land has a proven operating model, top-tier clinical compliance and a stellar reputation in the marketplace."

Financial terms were not disclosed.

Mountain Land Physical Therapy
1952 E Fort Union Blvd
Salt Lake City, Utah 84121

Mountain Land is an outpatient physical therapy business with 41 clinics located in the Mountain West region of the United States. Mountain Land was founded in 1984 and is led by Chief Executive Officer Rick Lybbert and Chief Operating Officer Jason Lobb, both of whom are physical therapists and have been with the business for 30+ and 20+ years, respectively. Mountain Land has a long-standing history and strong reputation and is committed to its mission of restoring, supporting, and promoting active and healthy lifestyles.

This release was published on openPR.