Staffing Services

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.

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.

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.

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

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