The Joint signs deal to sell 45 Southern California clinics for $2.3 million
Joint Corp.
Joint Corp. JYNT | 0.00 |
- The Joint Corp. signed an asset purchase agreement effective April 20, 2026 to sell 45 corporate-managed clinics in Southern California to Elite Chiro Group for about $2.3 million.
- Elite Chiro Group took over operations of 32 clinics on April 27 under a management services agreement pending lease assignments.
- Buyer will assume ownership of remaining 13 clinics under terms of transaction.
- Deal, together with two pending refranchising agreements, is expected to leave Joint with three corporate-managed clinics out of 960 locations.
- Transaction supports shift to capital-light, pure-play franchisor model under Joint 2.0 strategy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Joint Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001612630-26-000039), on May 01, 2026, and is solely responsible for the information contained therein.
