JYNT - Mergers and acquisitions

SCOTTSDALE, Ariz., June 20, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, acquired the regional developer (RD) territory rights for Wisconsin for $950,000 on June 15, 2023. The demographic modeling for Wisconsin indicates the potential for a total of 53 clinics, including the 21 existing franchised clinics, one clinic in active development and 31 sites for future clinic development. "Acquiring the regional developer territory rights for Wisconsin will increase the margin contribution within the franchise segment," said President and Chief Executive Officer of The Joint Corp. Peter D. Hol

SCOTTSDALE, Ariz., May 23, 2022 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, acquired four previously owned franchised clinics for $5.8 million on May 19, 2022. "We are expanding and strengthening our corporate portfolio in the Scottsdale/Phoenix region," said Peter D. Holt, President and Chief Executive Officer of The Joint Corp. "This opportunity arose with a multi-unit franchisee with clinics in both Arizona and California who wished to consolidate their clinics to California only. As these high performing, mature clinics are located in our headquartered region where we already have a clus

SCOTTSDALE, Ariz., April 06, 2022 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, acquired the regional developer rights for the Northern California territory for $2.4 million on April 1, 2022. The demographic modeling for the Northern California region indicates the potential for a total of 75 clinics. This includes The Joint's April 1st acquisition of the right to oversee 56 franchised clinics – 20 of which are currently operating and will continue to be franchised and 36 of which the licenses have been sold and are in active development. It also includes another 19 sites for future corporate

- Expands Corporate Clinic Opportunity in the Northeast Region - SCOTTSDALE, Ariz., March 23, 2022 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, acquired the regional developer territory of Northern New Jersey, representing four franchised clinics and the opportunity for additional corporate clinics, for $250,000 on March 17, 2022. "Focused on increasing our corporate clinic presence in the Northeast, The Joint acquired the regional developer territory in Northern New Jersey," said Peter D. Holt, President and Chief Executive Officer of The Joint Corp. "This purchase expands our platform to a

SCOTTSDALE, Ariz., April 06, 2021 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT), a national operator, manager and franchisor of chiropractic clinics, reported corporate clinic activity that increased the number of company-owned or managed clinics to 74 as of April 1, 2021. In January 2021, The Joint Clinic opened one greenfield in the Los Angeles, CA market and on April 1, 2021 opened another greenfield in Yuma, AZ. Also, on April 1, 2021, the company acquired eight previously franchised clinics, all of which are expected to be immediately accretive to the bottom line. Two clinics are in the Phoenix/Scottsdale market and expand the company’s presence in its strong headquarters’ regi

SCOTTSDALE, Ariz., Jan. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT), a national operator, manager and franchisor of chiropractic clinics, acquired for $2.4 million the regional developer (RD) territories in North Carolina and in Georgia, representing 69 franchised clinics and 37 signed franchise agreements for unopened clinics. The company also acquired a franchised clinic in Scottsdale, where The Joint is headquartered and has strong brand recognition, increasing the number of company-owned or managed clinics to 64 at December 31, 2020. Peter D. Holt, President and Chief Executive Officer of The Joint Corp. said, “Our North Carolina and Georgia RD territories were well ru