Hanger Overview

  • Year Founded
  • 1860

Year Founded

  • Status
  • Private

  • Employees
  • 5,600


  • Latest Deal Type
  • Debt - Acquisition

  • Financing Rounds
  • 19

  • Investments
  • 70

Hanger General Information


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

Formerly Known As
Hanger Orthopedic Group
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Clinics/Outpatient Services
Other Industries
Therapeutic Devices
Former Stock Listing
Corporate Office
  • 10910 Domain Drive
  • Suite 300
  • Austin, TX 78758
  • United States
+1 (512) 000-0000

Hanger Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth

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Hanger Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Hanger Comparisons

HQ Location
Total Raised
Post Valuation
Hanger Inc is a provider of products and services that assist in enhancing or restoring the physical capabilities of pat
Clinics/Outpatient Services
Austin, TX
5,600 As of 2023
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00000000000 0000000
Minneapolis, MN
00000 As of 0000
000000000 00 00.000


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00000000000 0000000
Audubon, PA
0000 As of 0000
000000 - 000 00000
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Hanger Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Medtronic Corporation Minneapolis, MN 00000 00.000 000000000 00 00.000
Globus Medical Formerly VC-backed Audubon, PA 0000 00000 000000 - 000 00000
Reliant Rehabilitation Private Equity-Backed Plano, TX 0000 000.00 000000000 000.00
Orthofix International Formerly PE-Backed Lewisville, TX 0000 00000 000000000 00 00000
Tenet Healthcare Corporation Dallas, TX 000000 000.00 000000000 00 000.00
You’re viewing 5 of 11 competitors. Get the full list »

Hanger Patents

Hanger Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220183861-A1 Additive manufacturing techniques for protective devices Pending 11-Dec-2020 00000000 0
US-20220188453-A1 Systems and methods for encoded clinical data communication Pending 11-Dec-2020 00000000000 00
US-20220183871-A1 Additive manufacturing techniques for orthotics Pending 11-Dec-2020 00000000
US-20220183860-A1 Additive manufacturing techniques for protective devices, prosthetics, and orthotics Pending 11-Dec-2020 00000000 0
US-20220192498-A1 Activity, wear, and stability tracking devices, systems, and methods transmitting over cellular network Pending 16-May-2019 A61B5/112
To view Hanger’s complete patent history, request access »

Hanger Executive Team (38)

Name Title Board Seat Contact Info
Pete Stoy Chief Executive Officer & Board Member
Regina Weger Senior Vice President
Thomas Kiraly Chief Financial Officer, Finance & Executive Vice President
Mitchell Dobson Senior Vice President & Chief Compliance Officer, Legal
Kelsey Troy Chief Human Resources Officer & Senior Vice President
You’re viewing 5 of 38 executive team members. Get the full list »

Hanger Board Members (17)

Name Representing Role Since
0000 00000 Hanger Board Member 000 0000
0000 000 Self Board Member 000 0000
0000 00000 Hanger Board Member 000 0000
0000 0000 Hanger Chief Executive Officer & Board Member 000 0000
You’re viewing 4 of 17 board members. Get the full list »

Hanger Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Hanger Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Hanger Investments & Acquisitions (70)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Fillauer 22-Feb-2024 0000000000 Therapeutic Devices 0000 0000
Bolak & Associates 30-Nov-2020 0000000000 Holding Companies
VerhI Dba Gulf Coast Orthotics And Prosthetics 05-Nov-2020 0000000000 Therapeutic Devices
O'Connor Orthopedics 05-Oct-2020 0000000000 Medical Supplies
Scheck & Siress 01-Apr-2020 Merger/Acquisition Other Healthcare Services
You’re viewing 5 of 70 investments and acquisitions. Get the full list »

Hanger Subsidiaries (18)

Company Name Industry Location Founded
Surefit Shoes Department Stores Austin, TX 2014
Mobility Prosthetics and Orthotics Department Stores Fredericksburg, VA 0000
Western Montana Orthotics and Prosthetics Clinics/Outpatient Services Missoula, MT 0000
ABI Orthotic/Prosthetic Laboratories Medical Supplies Youngstown, OH 0000
Biotech Prosthetics and Orthotics of Durham Medical Supplies Durham, NC 0000
You’re viewing 5 of 18 subsidiaries. Get the full list »

Hanger ESG

Risk Overview

Risk Rating

Updated June, 30, 2022

32.27 | High Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 15,480






00 of 606




Medical Facilities


00 of 136




To view Hanger’s complete esg history, request access »

Hanger FAQs

  • When was Hanger founded?

    Hanger was founded in 1860.

  • Who is the founder of Hanger?

    Richard Stein is the founder of Hanger.

  • Who is the CEO of Hanger?

    Pete Stoy is the CEO of Hanger.

  • Where is Hanger headquartered?

    Hanger is headquartered in Austin, TX.

  • What is the size of Hanger?

    Hanger has 5,600 total employees.

  • What industry is Hanger in?

    Hanger’s primary industry is Clinics/Outpatient Services.

  • Is Hanger a private or public company?

    Hanger is a Private company.

  • What is Hanger’s current revenue?

    The current revenue for Hanger is 00000.

  • How much funding has Hanger raised over time?

    Hanger has raised $2.57B.

  • Who are Hanger’s investors?

    Patient Square Capital and Ares Management have invested in Hanger.

  • Who are Hanger’s competitors?

    Medtronic, Globus Medical, Reliant Rehabilitation, Orthofix International, and Tenet Healthcare are some of the 11 competitors of Hanger.

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