Fortress Value Acquisition Corp. II operated as a special purpose acquisition company, originally formed to pursue a merger, share exchange, asset acquisition, or similar business combination with one or more enterprises. Established in 2020 and based in New York, New York, the entity successfully completed its objective on June 16, 2021, by combining with ATI Physical Therapy, Inc. Following this transaction, Fortress Value Acquisition Corp. II transitioned into ATI Physical Therapy, Inc., a prominent provider of outpatient physical therapy services.