The Challenge

Orthopaedic Sports, a physical therapy clinic with locations throughout the Twin Cities, is dedicated to helping its patients deal with their aches and pains. However, just as business was taking off, Orthopaedic Sports experienced growing pains of its own. The company needed assistance in acquiring additional locations, bringing in additional owners, retaining employees, and improving its systems.

The Strategy

Wipfli provided extensive assistance and expert direction to ensure a growing clinic’s success. 

• Assisted in the analysis of acquisition targets for additional locations and performed due diligence on the facilities acquired
• Performed a valuation of the clinic to create a modified stock option plan, making ownership available to the clinic's employees
• Analyzed computer system needs and selected and installed Great Plains Dynamics
• Provided assistance with the clinic’s leasing partnership
• Reviewed internal controls for cash receipt

The Results

Orthopaedic Sports continues to successfully manage its growth with locations throughout the Twin Cities metropolitan area. The company has also realized significant results in its tax savings, cash flow, and employee retention. Professional support from Wipfli continues by way of regular meetings with the company’s principals to discuss semiannual financial statements, and to plan for future growth.