Healthcare Staffing Firms in Steady Demand

Healthcare Staffing Firms in Steady Demand

by | Aug 19, 2019 11:59 am | Healthcare Staffing, Other Services, Private Equity

As healthcare companies and providers across the industry wrestle with staffing shortages and retention, staffing firms are looking to fill some of the gaps, thus driving M&A activity. According to our Deal Search Online database, there have been nine acquisitions focused on healthcare staffing firms so far this year, and that number will most likely grow. If a price had been disclosed, Medical Solutions’ takeover of C&A Industries, Inc. this month would surely be among the largest deals in this segment. Medical Solutions, a portfolio company of TPG Growth, specializes in placing registered nurses in temporary travel assignments throughout the country. The... Read More »
Varian Medical Makes Two Deals in May

Varian Medical Makes Two Deals in May

by | May 24, 2019 12:11 pm | Hospitals, Medical Devices

Varian Medical Systems (NYSE: VAR) is on the move again. The Palo Alto, California-based medical device maker announced two deals in May 2019 targeting two very different companies. Varian (market cap $11.6 billion) designs, manufactures, sells and services medical devices and software products for treating cancer and other medical conditions. The earlier deal, announced on May 9, brought aboard privately held cardiac ablation firm Cyberheart, based in Sunnyvale, California, for an undisclosed amount. CyberHeart’s intellectual property covers cardiac radioablation, which involves using radiation in the heart and other forms of radiosurgery for certain heart diseases. The second deal,... Read More »
Medical Staffing M&A Makes a Comeback

Medical Staffing M&A Makes a Comeback

by | Feb 9, 2018 4:31 pm | Healthcare Staffing, Other Services, Private Equity

Labor shortages for physicians and nurses may heat up the medical staffing market in 2018. Through the first 10 days of February, three transactions for these service companies have been announced. Last year, 16 transactions targeting medical staffing services were made public, the highest number of deals in this segment since 2005 (19 deals) and 2004 (20). The most recent deal announcement came from Medical Solutions, a portfolio company of TPG Growth based in Omaha, Nebraska. Medical Solutions is a healthcare staffing firm that specializes in placing registered nurses in temporary travel assignments throughout the country. The target, PPR Travel Nursing, was a division of PPR Talent... Read More »

NorthStar Anesthesia Expands

by | Aug 17, 2015 4:25 pm | Physician Medical Groups, Private Equity

The market for anesthesiology groups is hot this year, with 10 deals announced through mid-August. The latest was from NorthStar Anesthesia, a portfolio company of TPG Growth, which acquired Anesthesia Staffing Consultants of Bingham Falls, Michigan. Financial terms were not disclosed. The acquisition expands NorthStar’s presence in the Midwest and increases its team of anesthesiologists and CRNAs to more than 1,600 providers working in nearly 150 facilities in 19 states. Read More »