Four-Factor Capital acquires The American Institute of Balance (AIB) in Florida

After 20 years of working as a business operator and consultant, Carlo Sanchez Arroyo launched Four-Factor Capital, a US-based SF, in 2023. He was looking to acquire a small company ($2-10M EBITDA) in home-based care, mental health, or software companies supporting these sectors. Finally, after approximately one year of searching, he successfully acquired The American Institute of Balance (AIB), a global healthcare company based in Florida’s Tampa Bay. The deal has been backed by various investors, including Futaleufu Partners, Archipelago Capital Partners, Endurance Search Partners, Northspring Partners, Blue Frame Capital Partners, 9T Capital, Kamylon Holdings, Milk Street Ventures, Martell Capital Partners, and Mazal Capital.

Founded by Richard Gans in 1992, AIB specializes in the clinical specialty of diagnosing and rehabilitating equilibrium and balance conditions. The firm has acquired an international reputation for its cutting-edge science, research, and education. Since its inception, AIB clinics have evaluated and treated over 200,000 patients. In 2019, AIB launched a nationwide neurodiagnostic network, which has licensed and contracted over 150 audiology/neurology/otolaryngology practices in 39 states. This rapid growth has resulted in a 200% increase in top-line revenue. Most importantly, with over 14,000 AIB-trained and certified physical/occupational therapists from all 50 states, AIB is in a unique position to offer a full continuum of patient care nationwide.

DD: Boulay