Hanger (Clinics/Outpatient Services) Overview
- Year Founded
-
1860
- Status
-
Private
- Employees
-
5,600
- Latest Deal Type
-
Debt - Acquisition
- Financing Rounds
-
24
- Investments
-
78
Hanger (Clinics/Outpatient Services) General Information
Description
Hanger Inc is a provider of products and services that assist in enhancing or restoring the physical capabilities of patients with disabilities or injuries. It operates through two segments, namely Patient Care and Products and Services. Patient Care segment is primarily comprised of Hanger Clinic, which specializes in the design, fabrication, and delivery of custom O&P devices through more than 700 patient care clinics. The products & Services segment is comprised of distribution and therapeutic solutions to businesses. The company generates a majority of its revenue from the Patient Care segment.
Contact Information
Website
www.corporate.hanger.comCorporate Office
- 10910 Domain Drive
- Suite 300
- Austin, TX 78758
- United States
Corporate Office
- 10910 Domain Drive
- Suite 300
- Austin, TX 78758
- United States
Hanger (Clinics/Outpatient Services) Timeline
Hanger (Clinics/Outpatient Services) Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Hanger (Clinics/Outpatient Services) Comparisons
Industry
Financing
Details
Hanger (Clinics/Outpatient Services) Competitors (15)
One of Hanger (Clinics/Outpatient Services)’s 15 competitors is Embla Medical, a Corporation company based in Reykjavik, Iceland.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Embla Medical | Corporation | Reykjavik, Iceland | ||||
| Globus Medical | Formerly VC-backed | Audubon, PA | ||||
| Reliant Rehabilitation | Private Equity-Backed | Plano, TX | ||||
| Upstream Rehabilitation | Private Equity-Backed | Birmingham, AL | ||||
| Orthofix Medical | Formerly PE-Backed | Lewisville, TX |
Hanger (Clinics/Outpatient Services) Patents
Hanger (Clinics/Outpatient Services) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260207352-A1 | Prosthetic devices for bone implants | Pending | 17-Jan-2025 | ||
| US-20260096910-A1 | Additive manufacturing techniques for a socket and liner combination device | Pending | 09-Oct-2024 | ||
| US-20250132050-A1 | Systems and methods for displaying health metrics | Pending | 23-Oct-2023 | ||
| EP-4615372-A1 | Additive manufacturing techniques for a socket and liner combination device | Pending | 07-Nov-2022 | ||
| EP-4615372-A4 | Additive manufacturing techniques for a socket and liner combination device | Pending | 07-Nov-2022 | A61F2/7812 |
Hanger (Clinics/Outpatient Services) Signals
Hanger (Clinics/Outpatient Services) Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Hanger (Clinics/Outpatient Services) Investments & Acquisitions (78)
Hanger (Clinics/Outpatient Services)’s most recent deal was a Buyout/LBO with Bionic Power. The deal was made on 02-Nov-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bionic Power | 02-Nov-2026 | Buyout/LBO | Therapeutic Devices | ||
| Numotion | 10-Sep-2026 | Buyout/LBO | Therapeutic Devices | ||
| Southern Prosthetics Supply | 01-Oct-2025 | Buyout/LBO | Distributors/Wholesale | ||
| Point Designs | 29-Jul-2025 | Merger/Acquisition | Other Devices and Supplies | ||
| Coapt | 31-Mar-2025 | Buyout/LBO | Other Healthcare Technology Systems |
Hanger (Clinics/Outpatient Services) Exits (1)
Hanger (Clinics/Outpatient Services)’s most recent exit was on 29-Oct-2012 from Orthopedic Associates of Grand Rapids. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Orthopedic Associates of Grand Rapids | 29-Oct-2012 | Completed |
|
Hanger (Clinics/Outpatient Services) Affiliates
Subsidiaries (25)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Accelerated Care Plus Leasing | Austin, TX | 2019 | |
| Point Designs | Lafayette, CO | 2016 | |
| O&P Insight | Las Vegas, NV | 2015 | |
| Kenney Ortho Group | Austin, TX | 2015 | |
| Surefit Shoes | Austin, TX | 2014 |
Hanger (Clinics/Outpatient Services) FAQs
-
When was Hanger (Clinics/Outpatient Services) founded?
Hanger (Clinics/Outpatient Services) was founded in 1860.
-
Where is Hanger (Clinics/Outpatient Services) headquartered?
Hanger (Clinics/Outpatient Services) is headquartered in Austin, TX.
-
What is the size of Hanger (Clinics/Outpatient Services)?
Hanger (Clinics/Outpatient Services) has 5,600 total employees.
-
What industry is Hanger (Clinics/Outpatient Services) in?
Hanger (Clinics/Outpatient Services)’s primary industry is Clinics/Outpatient Services.
-
Is Hanger (Clinics/Outpatient Services) a private or public company?
Hanger (Clinics/Outpatient Services) is a Private company.
-
What is Hanger (Clinics/Outpatient Services)’s current revenue?
The current revenue for Hanger (Clinics/Outpatient Services) is .
-
How much funding has Hanger (Clinics/Outpatient Services) raised over time?
Hanger (Clinics/Outpatient Services) has raised $2.94B.
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Who are Hanger (Clinics/Outpatient Services)’s investors?
Patient Square Capital and Ares Management have invested in Hanger (Clinics/Outpatient Services).
-
Who are Hanger (Clinics/Outpatient Services)’s competitors?
Embla Medical, Globus Medical, Reliant Rehabilitation, Upstream Rehabilitation, and Orthofix Medical are some of the 15 competitors of Hanger (Clinics/Outpatient Services).
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