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Medical Solutions Receives Major Investment for Growth

 

Today, Medical Solutions announced their receipt of a major investment from Tenex Capital Management and McCarthy Capital Fund V. The invesment was strategic and will be used to expand job opportunities to travel nurses, increase services offered to clients and continue to improve their technology offerings.

Medical Solutions is a leader in the travel nurse staffing industry. This investment will bring on a board of directors, including Steven Francis, co-founder and former longtime CEO of AMN Healthcare.

“With the backdrop of a dynamically changing market, we analyzed several players in the industry and found that the Medical Solutions model is uniquely positioned to thrive in today’s market,” commented Mr. Francis.

You can read the offical press release from Medical Solutions here.

Bullhorn Acquired by Vista Equity Partners

Having been a dominant part of the staffing industry for years, today, recruiting softare giant Bullhorn announced they have been acquired by Vista Equity Partners for hundreds of millions of dollars.

The company, which powers and manages recruiting and staffing operations for a range of businesses, from  start-ups up to the world’s largest employment brands like Kelly, offers a range of services including mobile and social recruiting, as well as other SaaS services and consulting. It also occasionally releases interesting research on the job market and how recruitment is faring on the web. Bullhorn says it handles 150,000 job orders and placements each month, with more than 100,000 staffing and recruiting professionals across 126 countries using Bullhorn. It will continue to operate as a standalone company and will continue to expand its product offerings and geographic expansion.

Read more about this on the Bullhorn website or here on TechCrunch.

On Assignment Acquires Apex to form Largest Healthcare IT Staffing Company

The Staffing Industry Analysts reported that On Assignment has acquired Apex Systems, Inc.

On Assignment Inc. (NASD: ASGN) is buying Apex Systems Inc., one of the largest and fastest-growing suppliers of information technology staffing. Privately held Apex ranks No. 6 on Staffing Industry Analysts’ 2011 list of largest IT staffing firms. Apex has also qualified for the list of fastest-growing U.S. staffing firms every year since 2005.

Full story: http://www.staffingindustry.com/site/Research-Publications/Daily-News/US-On-Assignment-Buys-Apex-for-600-Million

Kronos Acquires OptiLink

 

Today, Kronos announced their acquisition of OptiLink from the Advisory Board Company. With this acquisition Kronos now adds an acuity-based staffing solution to its healthcare workforce management suite.

 

OptiLink's assets were acquired in a cash deal but details of the transaction were not fully disclosed. 

"This is a great complementary acquisition for Kronos. OptiLink's innovation in aligning staffing levels to actual patient needs further enhances our workforce management solution for the healthcare market."

Aron Ain, chief executive officer, Kronos 

You can read the official press release here: OptiLink Acquired by Kronos 

Advantage RN Acquires PHS Staffing

 

Yesterday, Advantage RN announced their acquisition of PHS Staffing. This acquisition is projected to increase the Advantage RN's revenue $80 million in 2012.

 

Although details of the transaction were not fully disclosed, PHS Staffing reported annual revenue of $18 million in 2011.

 

“We’re delighted to welcome PHS and their expertise to the Advantage team,” Price said. “PHS Staffing’s focus on per diem staffing, along with their extensive experience in government and allied contracting, is a valuable addition to Advantage’s service offerings. Their strong presence in the western states will further expand our Advantage On Call per diem staffing efforts while strengthening our ability to meet the changing staffing needs of medical facilities and job seekers across the country.”

You can read the official press release here: PHS Staffing Acquired by Advantage RN