M&A Deal Summary

ShiftMed Acquires CareerStaff Unlimited

On April 22, 2024, ShiftMed acquired healthcare services company CareerStaff Unlimited from Genesis Healthcare

Acquisition Highlights
  • This is ShiftMed’s 1st transaction in the Healthcare Services sector.
  • This is ShiftMed’s 1st transaction in the United States.
  • This is ShiftMed’s 1st transaction in Texas.

M&A Deal Summary

Date 2024-04-22
Target CareerStaff Unlimited
Sector Healthcare Services
Buyer(s) ShiftMed
Sellers(s) Genesis Healthcare
Deal Type Divestiture

Target

CareerStaff Unlimited

Irving, Texas, United States
CareerStaff Unlimited is a national post-acute care provider. CareerStaff's services include local, travel, and per diem employment opportunities for nurses, therapists, and pharmacists. CareerStaff Unlimited is based in Irving, Texas.

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Buyer(S) 1

Buyer

ShiftMed

McLean, Virginia, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

ShiftMed is a Workforce Management Platform that empowers healthcare facilities across all segments acute care hospitals, post-acute care centers, and in-home settings to effectively manage staffing challenges and optimize their workforce. ShiftMed is based in McLean, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Genesis Healthcare

Kennett Square, Pennsylvania, United States

Category Company
Founded 2003
Sector Healthcare Services
Revenue 3.9B USD (2020)
DESCRIPTION

Genesis Healthcare is an operator of skilled nursing centers and assisted/senior living communities in the United States. Genesis HealthCare was founded in 2003 and is based in Kennett Square, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 2 of 2
Type (Divestiture) 2 of 2
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-09 Genesis HealthCare - Home Health And Hospice Operations

United States

Genesis HealthCare - Home Health And Hospice Operations is a provider of helathcare services.

Sell $84M