Knox Lane announced on May 2 that it has acquired a majority stake in All Star Healthcare Solutions. According to data captured in the LevinPro HC database, this acquisition represents the fourth healthcare staffing transaction of 2024. There were 29 healthcare staffing deals announced during 2023, and 35 announced during 2022.
All Star Healthcare Solutions All Star is a provider of specialty-focused locum tenens and permanent placement opportunities for physicians and advanced practitioners in the United States. Headquartered in Deerfield Beach, Florida, All Star provides its services across all 50 states to more than 150 unique hospital systems and more than 400 individual healthcare facilities.
Founded in 2019, Knox Lane is a private equity investment firm based in San Francisco, California. The firm prefers to invest in the consumer and services sectors.
All Star’s founders and management team will reinvest alongside Knox Lane and continue to own a significant minority stake in the company going forward. The partnership will support All Star’s next phase of growth both organically and through strategic acquisitions and will drive continued investment in technology throughout the organization.
BofA Securities, Inc. served as the exclusive financial advisor and McGuireWoods LLP acted as legal counsel to All Star. Houlihan Lokey served as financial advisor and Kirkland & Ellis LLP acted as legal counsel to Knox Lane. Terms of the transaction were not disclosed.
