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Announced

Centerbridge Partners and CDPQ to acquire Medical Solutions from TPG Growth for $2.3bn.

Synopsis

Investment firms Centerbridge Partners and CDPQ to acquire Medical Solutions, one of the largest providers of total workforce solutions in the healthcare industry, from TPG Growth, an investment fund, for $2.3bn. "As a premier provider of total workforce solutions, we have consistently kept the patient at the center of everything we do while delivering strong growth year after year. With the support and expertise of Centerbridge and CDPQ, we will be even better positioned to help meet the increased need for skilled healthcare professionals and talent management nationwide. I want to thank our dedicated and passionate team, especially our clinical staff, who have stayed intensely focused on serving the needs of all our clients and upholding our 'human-first' approach to the staffing industry," Craig Meier, Medical Solutions CEO.

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