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Acquisition roundup: Snap Health, Arch Amenities Group, Sheffield Haworth

December 06, 2022

Staffing firms announcing recent acquisitions include Snap Health, Arch Amenities Group and Sheffield Haworth.

Snap Health 

Snap Health, a Grapevine, Texas-based healthcare technology provider connecting clinicians with home health organizations through an app, acquired Your Therapy Source, a provider of physical, occupational and speech therapy staffing based in North Richland Hills, Texas.

Financial terms of the agreement were not disclosed.

The acquisition brings more than 500 clinicians and 150 home health partners into the Snap Health umbrella and expands the company’s suite of services to include in-home visits from registered nurses.

“For several years now, we’ve been hard at work making Snap Health the go-to place for therapists looking for more scheduling freedom and home health agencies looking to streamline referral submissions. To see it pay off in the form of this acquisition is truly special for our team,” Snap Health CEO Andrew Hill said. “With the increased staff and new ability to offer a wider breadth of healthcare services, we’re poised to continue to expand our footprint throughout the United States. I’m very excited for the future growth and acquisition possibilities this creates for us.”

Your Therapy Source provides back-office operations, recruiting, customer service and technology teams. It was founded in 2007 by Sheri Yarbray.

“While this acquisition is very special for me personally, I’m even more thrilled to deliver an easier process of achieving financial freedom for our hardworking clinicians,” Yarbray said. ”I’ve been in this industry for decades, and I truly believe that this mobile app and online referral system are the future of home health. I look forward to helping Snap Health reach new heights in the coming years.”

Founded in 2020, Snap Health launched its mobile app and online referral system earlier this year. 

Arch Amenities Group 

Arch Amenities Group, a Rockville, Maryland-based hospitality management and consulting services provider, announced the acquisition of Hutchinson Consulting, a management-level recruiting services firm based in Sonoma, California.

“Hutchinson is one of the most notable brands in the wellness space. The acquisition is a huge win for Arch and our customers,” said Barry Goldstein, Arch Amenities group CEO. “With Hutchinson, we evolve our ability to recruit the best possible candidates, leading to growth and success for our valued clients.”

Hutchinson’s principal partners, Michael G. Tompkins and Carol Stratford will join Arch’s executive leadership team. Tompkins will serve as managing director of recruiting services and Stratford as managing director of wellness consulting.

In addition, Hutchinson’s entire recruiting team will join Arch as part of the acquisition.

“As the demand for wellness services and amenities increases, we know that better recruiting leads to enhanced business opportunities,” Tompkins said. “Our unmatched expertise in sourcing the best, most qualified talent in the wellness industry helps our client partners build engaged and long-lasting teams.”

The terms of the transaction were not disclosed.

Sheffield Haworth

Sheffield Haworth, a UK-headquartered provider of executive search and leadership advisory services with global operations, acquired Symbiosis Search, an executive search firm also based in the UK.

The deal aims to bring together Sheffield Haworth’s expertise in the EMEA technology sector — operating as SH Gillamor Stephens — with Symbiosis’ experience enabling the international growth of innovative software and SaaS companies.

The teams will combine to form part of the global technology practice at Sheffield Haworth.

Founded in 2002, Symbiosis Search focuses on the software industry. It works with venture capital and other investor-based startup and scale-up vendors expanding across Europe, North America and the Asia Pacific regions.

“Enterprise software and SaaS is a rapidly evolving industry, which touches all aspects of business,” said Georgina Harley, group managing director of new services and sectors at Sheffield Haworth. “Leadership of these companies is only increasing in demand and complexity. We have been impressed with the knowledge and relationships Symbiosis Search has developed across the international software industry, and we are thrilled to welcome the Symbiosis team to Sheffield Haworth.”