Lee Equity Partners has announced it has invested in Therapy Partner Solutions (TPS).
TPS, based in Fernandina Beach, Fla., delivers physical therapy services across three divisions: clinic partnership, management services and performance solutions. Founded in 2017, TPS states that its family of companies has offices in nine states and services clients in nearly all states.
Lee Equity Partners is a New York-based private equity firm that focuses on control buyouts and growth capital financings in the middle market. Founded in 2006, the firm prefers to make more substantial investments in several sectors, including healthcare.
Terms of the investment were not disclosed.