THE OWNERSHIP TAPESelective coverage · source-linked records
Closed25 Sep 2026, 02:13 PT

5th Century Partners /
ION PT Network

Joseph Noel founded ION PT Network in 2017 as a physical therapist who wanted clinicians owning every workers' comp referral.

@carrywatch post · 25 Sep 2026Source 01
01 / Buyer5th Century Partners
02 / TargetION PT Network
01

The transaction, in context.

5th Century Partners just backed that model. [01]

5th Century Partners completed a strategic investment in ION PT Network, the firms said Sept. 24, 2026. Terms weren't disclosed. Founder and CEO Joseph Noel stays in the seat as ION keeps its brand with payers and TPAs nationally. [01]

02

The people. The paper.

The stills posted with the deal, in post order. The @carrywatch post is the basis for this record.

5th Century Partners logo
01 / Buyer5th Century Partners
Joseph Noel
02 / Founder and CEO, ION PT NetworkJoseph Noel
01
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Joseph Noel founded ION PT Network in 2017 as a physical therapist who wanted clinicians owning every workers' comp referral.

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03

Where the record stands.

  1. Closed, as posted

    5th Century Partners and ION PT Network: strategic investment (Closed, posted 25 Sep 2026).

    Source 01
04

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The buyer, target and seller named in the post. Each connection returns to the same source.

One-hop record2 entities · 1 relationship in the post
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Target

ION PT Network

The company the post describes as the subject of the deal.

Source 01

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Joseph Noel

Founder and CEO, ION PT Network