PRIME exits and American HealthCare Capital are pleased to introduce a nationwide professional services, healthcare staffing, and IT solutions company. Founded in March 1996, the company has a presence in all 50 states with 30 offices. They specialize in office, industrial, janitorial, IT, engineering, technical, finance, legal, and healthcare staffing services. With 43 diversity certifications and over 200 client projects, they have completed over 20,000 contract hires and 800 full-time hires since 2015.
Key highlights include:
- 200+ government and commercial contracts
- Primary supplier for 34+ state and county government staffing projects
- AI-driven recruitment processes
- Recent contract wins totaling over $230 million, including Miami-Dade County, the US Department of Veterans Affairs, County of San Francisco, and the State of Kentucky
- Ranked No. 2 by Inc. Magazine (Inc. 5000) for fastest-growing companies in the US
The IT staffing division serves various sectors, including finance, aviation, education, energy, hi-tech, justice, healthcare, manufacturing, and government agencies. The healthcare staffing division is a national leader, providing per diem, travel, and contingency staffing to federal, state, county, and private facilities.
The business reported a TTM revenue of $37 million and an adjusted EBITDA of $6.0 million. With significant investments in teams across the US, India, and the Philippines, the company has grown from 150 employees in 2021 to 1,600+ employees as of February 2024. They have $1.4 billion in government contract pipelines and are awaiting $200 million in contract awards. Projected revenue for 2024 is $45 million with an adjusted EBITDA of $6.4 million.
The owner is seeking an exit at $45 million in cash, with an additional earnout structure.
For further details and to explore this opportunity, please contact Ms. Palak Jain at [email protected] or Dr. Allen Nazeri DDS MBA at [email protected].
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~3 yrs recruiting | 150% sourcing goal | ~500 interviews; 87% move forward | 2,360+ positive candidate experiences | 7+ years remote
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