Fort Capital announces CAI’s investment in RebalanceMD

Transaction Details

Click here to view the original announcement by CAI

Fort Capital Partners is pleased to announce that CAI Capital Partners (“CAI”) has acquired a majority interest in RebalanceMD Canada Ltd. (“RebalanceMD” or “RMD”), a newly formed company that has, in turn, acquired a controlling interest in Rebalance Musculoskeletal Care Ltd. (“Rebalance Victoria”), a Victoria-based clinic centred around musculoskeletal (or “MSK”) care.

Rebalance Victoria operates a 20,000+ sq. ft. clinic, home to highly integrated physicians, physiotherapists, and bracing/orthotic technicians. RebalanceMD has developed and customized advanced systems around patient triage and electronic medical records that serve to optimize patient flow and attention, including the assignment of “Nurse Navigators” to help guide patients through their surgical journey – including pre-surgery preparation – and an active role for patients in their own recovery, utilizing RMD’s online management and reporting tools.

In operation since 2013, RebalanceMD has transformed the experience of MSK service for patients, practitioners and the healthcare authority, Island Health, as it has grown to become Victoria’s one-stop shop for MSK health.  As an example, RMD’s highly efficient triage system for patient care and case management has contributed to average wait times for hip and knee replacements that are 30-40% lower in the Island Health region as compared to other regions in BC.

CAI’s investment will provide RebalanceMD with significant access to growth capital for investment into new clinics, initially in BC and Alberta, and, over the longer term, throughout Canada.

Fort Capital acted as advisor to RebalanceMD in review of strategic alternatives and on the transaction with CAI.

ABOUT REBALANCEMD

RebalanceMD is headquartered in Victoria, BC where it operates a complete orthopedic, physical medicine, and sports injury care clinic. Surgical and non-surgical patients alike can access one-stop physiotherapy, bracing & orthotics, and rehabilitation in-person or virtually through the clinic. At the core of RebalanceMD’s system is an advanced and highly developed triage called “FAAST” – First Available Appropriate Specialist Triage and the utilization of a highly customized electronic medical record (EMR) system. Through proper assessment and the ability to “rebalance” work loads, RebalanceMD offers patients the opportunity to be seen by a specialist appropriate for their specific requirements. This workflow balancing optimizes the capacity of each doctor, ensuring they operate at the top of their scope of practice.

For more information, please visit www.rebalancemd.com.

ABOUT CAI

CAI Capital Partners is a Vancouver-based private equity firm focused on partnering with and growing founder-owned businesses in the Canadian lower middle market. Over three decades, CAI has invested C$1.5 billion into companies across North America.

For additional information, please visit  www.caifunds.com.