.
MergerLinks Header Logo

New Deal


Announced

Completed

Cornell Capital and Trilantic North America completed the acquisition of Fastaff and US Nursing.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Private

United States

Medical Services

Domestic

Friendly

Majority

healthcare services

healthcare staffing

Acquisition

Private Equity

Synopsis

Edit

Private equity firms Cornell Capital and Trilantic North America completed the acquisition of Fastaff and US Nursing, two providers of staffing solutions, from Thomas H. Lee Partners, an American private equity firm. Financial terms were not disclosed. "We are excited to add Fastaff and US Nursing to further diversify our innovative healthcare staffing platform, whose enhanced technology and AI will help drive future growth. We have been impressed by the performance of Fastaff and U.S. Nursing for their health system customers both prior to and during the global pandemic. With each company's track record of execution and deep hospital relationships, we look forward to partnering together as we continue to build an industry-leading organization and grow this platform organically, geographically and through additional acquisitions," Stephen Trevor and Jeremy Lynch, Cornell Capital Partner and Trilantic North America Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US