Progressus

Progressus Therapy

Business Description

Progressus Therapy, Inc. (Progressus), based in Tampa, Florida, was the nation’s largest multi-state provider of speech, occupational, and physical therapists to public school districts.

Background

After three years of rapid growth, Progressus was approached by a potential strategic buyer that was seeking a platform acquisition.

Solution

Progressus engaged Carter Morse & Mathias as its exclusive advisor to refine its business strategy, identify strategic buyers, and represent the company in a managed auction. Progressus was sold to Sylvan Education Solutions, a subsidiary of Educate, Inc., the nation’s leading provider of supplemental education and support services to public and non-public schools.