Chicago-based private equity firm Waud Capital Partners has acquired Fusion Healthcare Staffing for an undisclosed price.
In connection with the deal, Waud Capital Partners, in partnership with healthcare executives Bales Nelson and Allen Dye, has formed Fusion Health. Fusion Health will offer staffing services to healthcare facilities, providers and health plans, working to help with a variety of episodic clinical resource needs through technology-focused services. Nelson will serve as chief executive officer of Fusion Health and Dye will serve as president.
Headquartered in Sandy, Utah, Fusion Healthcare Staffing is a provider of staffing services to hospitals and healthcare providers across the United States.
Waud Capital Partners partners with management teams to acquire or create platforms in the lower middle market. It seeks to invest $50 million to $100 million, including follow-on investments.
According to data captured from the LevinPro HC database, this acquisition represents the seventh healthcare staffing transaction of 2023. By comparison, there were eight healthcare staffing deals reported between January 1, 2022, and March 24, 2022.
