MINNEAPOLIS (December 15, 2015) — Yukon Partners (“Yukon”), a provider of mezzanine capital for middle market private equity transactions, is pleased to announce its mezzanine and equity investment in Upstream Rehabilitation, Inc. (“Upstream” or the “Company”). Upstream, headquartered in Birmingham, Alabama, is an outpatient physical therapy provider operating more than 300 owned and managed clinics across a 23 states.

Revelstoke Capital Partners (“Revelstoke”) sponsored the transaction in which it, Yukon, and other institutional co-investors made an investment in Upstream. Yukon underwrote and led the mezzanine capital tranche which included other institutional investors. Ally Corporate Finance served as agent, lead arranger, and sole book runner on the senior credit facility. Management will continue to operate the business on a day-to-day basis.   Schiff Hardin LLP served as legal counsel to Yukon.

Revelstoke will complement the Upstream management team’s vision with strategic guidance and additional capital to accelerate the Company’s growth. Revelstoke will also leverage its transactional experience and network of industry contacts to pursue accretive add-on acquisitions and organic geographic expansion.

“As the growth and development opportunities in outpatient rehabilitation continue to expand, I am thrilled to partner with the seasoned team at Revelstoke” remarked David Van Name, CEO of Upstream.

“We are excited to partner with an extremely talented and experienced management team to grow Upstream and further solidify its position as a leader in outpatient rehabilitation services,” said Mark King, CEO, Managing Partner and Co-Founder of Revelstoke.  “Upstream has significant opportunity to drive growth through de novo expansion as well as acquisitions and has a strong reputation for clinical excellence and outcomes. Yukon’s deep healthcare experience and firsthand knowledge of the rehab sector proved again why they are a strategic and value-add mezzanine capital partner.  Further, they were very instrumental in ensuring we obtained the necessary mezzanine capital required to successfully win the transaction.”

“Our partnership with the principals of Revelstoke dates to the 1990s, and we are again delighted to invest alongside Mark King, Simon Bachleda, Dale Meyer, and their colleagues” said Michael Hall, Managing Partner of Yukon. “We are confident Revelstoke’s expansive healthcare and physical therapy experience will complement Mr. Van Name and his team in furthering Upstream’s history of excellence.”

About Upstream Rehabilitation, Inc.

Upstream, founded in 2004, is a leading national provider of a comprehensive set of outpatient rehabilitation services, including free-standing physical therapy clinics, outpatient rehabilitation management services and a member network of rehabilitation service providers. The Company is one of the largest and fastest growing in the industry with over 300 owned and managed clinics across 23 states. For more information, please visit www.upstreamrehabilitation.com.

About Yukon Partners

Yukon Partners is an independent and unaffiliated mezzanine firm primarily serving middle market private equity sponsored business transactions with a typical investment range of $10 to $40 million in the U.S. and Canada. The transactions in which Yukon invests include buyouts, growth and platform strategies, recapitalizations, mergers/acquisitions, and public-to-private buyouts. Yukon Partners is based in Minneapolis, Minnesota. For more information, please visit www.yukonpartners.com.

About Revelstoke Capital Partners

Revelstoke is a private equity firm formed by experienced investors who focus on building industry-leading companies. Revelstoke strives to partner with management teams to execute on a disciplined organic and acquisition strategy to build exceptional companies. Revelstoke’s Managing Partners, Mark King, Dale Meyer and Simon Bachleda, have completed over 100 platform and add-on acquisitions, representing over $6 billion of total enterprise value.www.revelstokecp.com.

For more information, please contact:

Michael Hall

Managing Partner

Yukon Partners

612-435-7802