Healthcare Staffing Report: Sept. 9, 2021

Print

Investment firms to acquire Medical Solutions

Medical Solutions signed a deal to be acquired by investment firms Centerbridge Partners LP and Caisse de dépôt et placement du Québec from present owner private equity firm TPG Growth. SIA ranks Medical Solutions as the fourth-largest US healthcare staffing firm and second-largest provider of both travel nurses and allied healthcare professionals.

The deal is expected to close in the fourth quarter and is subject to customary closing conditions and approvals. Terms of the transaction were not announced.

“With the support and expertise of Centerbridge and CDPQ, we will be even better positioned to help meet the increased need for skilled healthcare professionals and talent management nationwide,” Medical Solutions CEO Craig Meier said.

Medical Solutions was launched in 2001 and is based in Omaha, Nebraska. It deployed clinicians to more than 4,500 healthcare facilities across all US states in 2020.

In 2019, Medical Solutions acquired C&A Industries; both firms at the time ranked among the largest healthcare staffing providers in the US. It wasn’t Medical Solutions’ only acquisition; the company also acquired PPR in early 2018. PPR was a provider of travel nurse staffing and interim leadership for acute and post-acute markets.

TPG Growth, Medical Solutions’ current owner, acquired the firm in June 2017.

In addition to its Omaha headquarters, Medical Solutions has offices in San Diego; Cincinnati; Denver; Tampa, Florida; Jacksonville, Florida; and Tupelo, Mississippi.