Transaction Advisory– GrapeTree Medical Staffing, one of the fastest growing and largest nurse staffing providers in the Midwest, has completed a recapitalization with New MainStream Capital. GrapeTree’s service offering includes CNA staffing in nursing homes and assisted living facilities, as well as LPNs and RNs in hospitals.
Q4-2016 Recruiting & Staffing Update-There were a number of factors driving the quarter’s transaction activity to cap one of the most active years in the industry. Market participants utilized acquisitions to diversify service offerings to clients, acquire customer contracts to increase market share, obtain additional capital for growth via acquisitions, and merge with peers to improve leverage in rate negotiations.
Transaction Advisory– Balance Point Capital Partners has acquired a majority stake in Practitioner Support Services, LLC. ProHealth provides outsourced medical care services through a credentialed Nurse Practitioner, or equivalent Practitioner, primarily to skilled nursing and assisted living facilities within the state of Connecticut.