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Medical Connections secures funding for acquisitions

October 25, 2010

Healthcare staffing firm Medical Connections Holdings Inc., said it has received $2.5 million in new acquisition capital from Medical Connections-Japan. The company's acquisition strategy remains on target as it seeks to acquire healthcare staffing companies that best fit its business model, the company said in a statement.
"Our strategy is focused and disciplined," said President Anthony Nicolosi. "We select potential acquisitions for due diligence from two sectors, allied and nursing. Only those that meet our stringent criteria will be interviewed for acquisition. Although our M&A process is time-consuming, it does carry with it a greater assurance of success."