A little more than a week after buying VIP Surgical Center, Spindletop Pain Management Holdings LLC and Tricity Pain Associates PA acquired Barnes Physical Therapy in San Antonio. The new owners are rebranding the practice as Phase Four Physiotherapy, and plan to expand the concept across their existing Texas markets. The clinics currently operate in four locations in the northwest San Antonio area.
Spindletop Pain Management Holdings, headquartered in San Antonio, partnered with Tricity Pain Associates in 2018 to build pain management services practices. The JV has 19 Pain Management providers across 13 clinics, including three ambulatory surgery centers in Texas. Spindletop Capital of Austin is providing the financing for the partnership’s expansion.
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