Vaaka adds six companies to Fysios platform

The acquired businesses are Manuaalinen Terapia, Lappeenrannan Kuntoutus, Länsi-Uudenmaan Fysioterapia and OMT-fysioterapia Saukko, as well as Fysiopalvelu Knuuttila & Sarias and FysioFix Tmi – pending approval of the clinics' official permits.

Fysios's bolt-ons will expand the chain's geographical offering in Finland, with clinics in Imatra, Lappeenranta, Raasepori, Seinäjoki, Joensuu and Oulu.

Previous funding
Fysios was established by Vaaka Partners in March 2015, when the GP acquired seven Finnish physiotherapy businesses, with funding from the 2012-vintage €150m Vaaka Partners Buyout Fund II.

Company
Headquartered in Helsinki, Fysios is a chain of physiotherapy businesses in Finland, focusing on preventive therapy. The company employs 200 people, has clinics in 18 cities and generates revenues in excess of €10m.

People
Antti Salmela is a partner at Vaaka. Pasi Syrjä is a founding partner at Fysios.

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• Topics
• Nordics
• Expansion
• Healthcare
• Finland
• Vaaka Partners Ltd (Formerly Pohjola)
• Acquisition finance