New Harbor Capital Portfolio Company FYZICAL Therapy & Balance Centers Hires CFO
New Harbor Capital (“New Harbor”) is excited to announce that portfolio company FYZICAL Therapy & Balance Centers (“FYZICAL”, “the Company”) has hired Michael Freiburghouse as Chief Financial Officer.
FYZICAL is the fastest-growing physical therapy franchise in the United States, with over 575 centers in 46 states, and is headquartered in Sarasota, Florida. FYZICAL is committed to providing patients of all ages with personalized care plans to help treat muscle, joint, and neurological conditions including balance and vestibular issues. As an advocate for patient choice and direct access, FYZICAL empowers individuals to take control of their well-being to achieve optimal physical health and balance.
“We are very excited to have Michael join the FYZICAL team,” said Tom Formolo, Partner at New Harbor Capital. “His extensive financial leadership experience will be crucial to FYZICAL’s continued growth. We look forward to his contributions and leadership.”
“We are thrilled to welcome Michael to the FYZICAL family,” said Brian Belmont, CEO of FYZICAL. “His tenured financial knowledge and expertise will be extremely valuable as we continue to grow our mission of delivering exceptional care to patients nationwide.”
Michael Freiburghouse,
Chief Financial Officer, FYZICAL
Michael Freiburghouse oversees FYZICAL’s financial planning and analysis, accounting, and technology teams as Chief Financial Officer. Most recently, Michael served as Professional Eye Care Associates of America’s (“PECAA”) Chief Financial Officer, where he played an instrumental role in leading the organization through the successful sale of Nautic Partners’ ownership interest to VSP Vision. Prior to joining PECAA, Michael served as the Vice President of Finance of Logitix after spending about seven years in public accounting with both Kaufman Rossin and KPMG. Michael has been selected to the prestigious Forty Under 40 list for 2024 by the South Florida Business Journal and is an active member of the Florida State University College of Business Department of Finance Professional Advocacy Board. A graduate of Florida State University, Michael earned Bachelors degrees in Accounting and Finance and a Master’s degree in Accounting. Michael is a licensed Certified Public Accountant in the state of Florida.
About FYZICAL Therapy & Balance Centers
FYZICAL Therapy & Balance Centers stands at the forefront of the health and wellness industry as the nation’s fastest-growing physical therapy franchise, boasting an extensive network of over 575 locations that span across 46 states. Committed to a holistic approach, FYZICAL provides top-notch, personalized care plans to treat patients of all ages experiencing muscle, joint, and neurological conditions including balance and vestibular issues. As an advocate for patient choice and direct access, FYZICAL empowers individuals to take control of their well-being to achieve optimal physical health and balance. For more information about FYZICAL or to find the nearest location, visit fyzical.com.
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