DW Healthcare Partners, a healthcare-focused private equity firm, acquired a majority stake in New Jersey-based Aequor Healthcare Services.

Founded in 1998, Aequor provides clinical staffing of physicians, therapists, nurses, technologists and allied healthcare professionals. It counts almost 300 client companies nationwide, including hospital systems, nursing homes, home-care providers, clinics, school systems, laboratories and pharmaceutical/life sciences organizations.

The transaction closed May 10. Terms were not disclosed, but Aequor founders Manmeet Virdi and Kamal Virdi retained a “significant” equity stake and continue to run the company along with all of the management team.

“We are confident that partnering with DWHP is a strategic fit for Aequor that will better position us to deliver expanded service offerings to our clients and healthcare professionals,” said the Virdis, who also serve as co-CEOs. “This will also provide tremendous growth opportunities for our team members.”

Aequor acquired TheraStaff LLC from Eastridge in 2016.

“Aequor has built a very strong and diversified staffing services platform, and with the additional resources from this partnership, the company is poised to accelerate its growth across all verticals and firmly establish itself amongst the leading national healthcare staffing companies,” DW Healthcare Partners Principal Gabe Becher said.