The Adecco Group finalized the sale of its US healthcare staffing business, Soliant Health, for $612 million in cash, the Zurich, Switzerland-based staffing firm reported on Jan. 3.

Buyer of Soliant is private equity firm Olympus Partners. The deal was first announced in November.

Adecco said the sale is part of its strategy to concentrate on globally scalable brands and digital solutions. The transaction will result in a gain on sale to be recognized in Adecco’s fourth-quarter results.

The Soliant acquisition by a private equity firm is part of a recent trend that sees private equity as increasingly active in staffing industry M&A. For more on staffing M&A trends, see this recent article in Staffing Industry Review online.