Joint Corp to reacquire Texas regional development rights and terminate related agreements
JYNT•Joint Corp will reacquire Texas regional development rights and terminate related agreements. The region includes 141 franchised clinics; the sellers will franchise eight clinics after the deal, and the purchase price is $8 million in cash plus up to $2 million in additional payments over two years.
1. Texas rights deal
Joint Corp will reacquire Texas regional development rights and terminate related agreements. The region includes 141 franchised clinics, and the sellers will franchise eight clinics after the deal. The aggregate purchase price is $8 million in cash plus up to $2 million in additional payments over two years.
