Healthia Limited (ASX:HLA) entered into a binding agreement to acquire Rothwell Physiotherapy Limited for AUD 1.9 million on September 16, 2021. Upfront cash consideration is AUD 1.30 million and issue of Clinic Class Shares of AUD 0.32 million. In addition to the upfront consideration, contingent consideration of up to AUD 0.32 million will become payable in cash, subject to the achievement of pre-defined earnings targets. Rothwell Physiotherapy will contribute additional revenue and EBITDA of AUD 2.13 million and AUD 0.36 million, respectively. The settlement of Rothwell Physiotherapy is conditional upon assignment of property leases to Healthia and other customary conditions precedent. It is expected that all conditions will be met and the acquisition completed on or before November 30, 2021.