M&A Deal Summary

Novation Companies Acquires Healthcare Staffing

On August 21, 2017, Novation Companies acquired staffing company Healthcare Staffing

Acquisition Highlights
  • This is Novation Companies’ 1st transaction in the Staffing sector.
  • This is Novation Companies’ 2nd transaction in the United States.
  • This is Novation Companies’ 1st transaction in Georgia.

M&A Deal Summary

Date 2017-08-21
Target Healthcare Staffing
Sector Staffing
Buyer(s) Novation Companies
Deal Type Add-on Acquisition

Target

Healthcare Staffing

Atlanta, Georgia, United States
Healthcare Staffing, Inc. is a provider of outsourced healthcare workers. HCS provides a full line of human resources and staffing outsourcing services and has strong relationships with healthcare providers. Healthcare Staffing, Inc. was established in 1995 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Novation Companies

Kansas City, Missouri, United States

Category Company
Founded 1996
Sector Internet Software and Services
Employees1,025
Revenue 51M USD (2020)
DESCRIPTION

Novation Companies owns and operates early-stage businesses in the technology-enabled services industry. Novation Companies was founded in 1996 and is based in Kansas City, Missouri.


DEAL STATS #
Overall 2 of 2
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Georgia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-21 Corvisa

Milwaukee, Wisconsin, United States

Corvisa LLC is a provider of cloud-based communications solutions.

Sell $9M