Healthcare Staffing Report: Dec. 14, 2017

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ALKU acquires healthcare IT services firm

Staffing firm ALKU acquired Holland Square Group, a healthcare IT consulting services provider based in Franklin, Tenn.

Holland Square ranked No. 55 on this year’s list of fastest-growing staffing firms with revenue of $26.4 million in 2016. The Nashville, Tenn.-based firm provides IT consulting and staffing services to a range of healthcare clients, including payers and healthcare services providers.

“We immediately recognized the unique opportunity that combining with Holland Square Group represents for the ALKU portfolio,” said Mark Eldridge CEO of ALKU. “It is clear that this partnership will succeed because the two entities are focused on specific practice areas and do not deviate from this specialized approach.”

The transaction closed Dec. 6. Terms of the transaction were not announced.