The Joint Corp. (JYNT) has signed a binding Asset Purchase Agreement to sell 31 corporate owned and managed clinics in Arizona and New Mexico to Joint Ventures, LLC.
The deal includes cash compensation and the transfer of regional developer territory rights for the Northwest region.
The sale by The Joint Corp. (JYNT) is expected to close on or before June 30, 2025.
Chris O’Neal, a franchisee of Joint Ventures, expressed pride in being the largest franchise group at The Joint Corp.
He revealed plans to increase their ownership by over 50%, aiming to surpass 100 clinics after expansion.
