Chesapeake Rehab Is Latest Addition to ATG Roster

ROCKY HILL, Conn. — ATG Rehab announced July 1 it has
acquired Baltimore, Md.-based Chesapeake Rehab Equipment, which has
13 branches in six Mid-Atlantic states. The move marks the largest
acquisition in ATG’s history, as well as the largest ever in the
complex rehabilitation industry, according to a release, expanding
ATG’s reach to 41 offices in 24 states.

“We’ve been talking for many years about putting the two
organizations together. The time is now right for us to do so,”
said Chesapeake Rehab President and founder Gary Gilberti. “After a
decade-long courtship, this is a great marriage of two
organizations that, as one, will be able to provide an improved
level of service and realize operational economies of scale. It’s a
true ‘one-plus-one-equals-three’ opportunity.”

Gilberti will become president of ATG Rehab’s new Mid-Atlantic
region, which serves more than 35 hospitals and rehab
facilities.

ATG will establish offices in the cities and states served by
Chesapeake, including Baltimore, Cumberland and Salisbury, Md.;
Newark, Del.; Pittsburgh, Harrisburg and Philadelphia, Pa.;
Charlotte, Raleigh, Fayetteville and Wilmington, N.C.; Murrell’s
Inlet, S.C.; and Roanoke and Richmond, Va. The acquisition will add
approximately 170 staff members, 29 of which are Chesapeake
ATPs.

he deal is ATG’s second acquisition in a month, and its third
this year following a majority investment by
Boston-based Audax Private Equity. In March, ATG acquired
the complex rehab segment of Warwick, R.I.-based Vanguard Home
Medical Equipment, a subsidiary of Landauer Metropolitan, and
Peak
Wheelchairs of Colorado with offices in Lafayette (Denver) and
Windsor. In June, ATG added the complex rehab
division of WestMed Rehab in Rapid City, S.D.