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New Deal


Announced

Cornell Capital and Trilantic North America completed the acquisition of trustaff, CardioSolution and Stella.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Majority

Private Equity

United States

Acquisition

Domestic

Completed

Private

healthcare staffing

Outsourced HR and Staffing

Synopsis

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Cornell Capital and Trilantic North Americaa, two private investment firms, completed the acquisition of trustaff, a provider of travel nurse and allied healthcare staffing services, CardioSolution, a managed services offering providing cardiologists and support personnel to hospitals, and Stella, a VC-backed, AI-driven online marketplace for employers and job seekers. Financial terms were not disclosed. "trustaff and CardioSolution are leaders in the healthcare staffing industry, and we are thrilled to partner with both teams as we successfully build this combined company. As demand for healthcare staffing solutions continues to increase, their scalable model, entrepreneurial cultures and strong relationships position the combined company for continued geographic expansion and accelerated growth, both organically and through additional acquisitions," Stephen Trevor, Cornell Capital Partner.

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