Staffing Services

Q3-2017 Staffing & Recruiting Update– In contrast to prior quarters of the year, strategic consolidators and private equity-backed portfolio companies were more active in add-on acquisitions than private equity firms completing standalone platform investments.

Q2-2017 Recruiting & Staffing Update– The healthcare recruiting and staffing sectors experienced significant transaction activity in the second quarter of 2017 as strategic companies, private equity firms, and private equity-backed organizations participated in deal flow.

Q1-2017 Recruiting & Staffing Update– Healthcare staffing deal flow persisted in the first quarter of 2017, as strategic acquirers and private equity firms remained aggressive in their acquisitive strategies in order to expedite growth.

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.

Q3-2016 Recruiting & Staffing Update– Private equity-backed staffing organizations dominated the investment activity in Q3. Companies like Advanced Medical Personnel Services and CHG Healthcare completed significant acquisitions to strengthen their position in the market.

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.

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”