Hanger (Clinics/Outpatient Services) Overview

  • Year Founded
  • 1860

Year Founded

  • Status
  • Private

  • Employees
  • 5,600

Employees

  • 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

Formerly Known As
Hanger Orthopedic Group
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 10910 Domain Drive
  • Suite 300
  • Austin, TX 78758
  • United States
+1 (512)
Primary Industry
Clinics/Outpatient Services
Other Industries
Therapeutic Devices
Vertical(s)
Former Stock Listing
HO8
Corporate Office
  • 10910 Domain Drive
  • Suite 300
  • Austin, TX 78758
  • United States
+1 (512)

Hanger (Clinics/Outpatient Services) Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Hanger (Clinics/Outpatient Services) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Hanger (Clinics/Outpatient Services) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
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

Reykjavik, Iceland
 

Audubon, PA
 
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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
You’re viewing 5 of 15 competitors. Get the full list »

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
To view Hanger (Clinics/Outpatient Services)’s complete patent history, request access »

Hanger (Clinics/Outpatient Services) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Hanger (Clinics/Outpatient Services) Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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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
You’re viewing 5 of 78 investments and acquisitions. Get the full list »

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
To view Hanger (Clinics/Outpatient Services)’s complete exits history, request access »

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
You’re viewing 5 of 25 affiliates. Get the full list.  »

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.

  • 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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