Nurse Staffing Company

Division: Phoenix Management Services


A mid-west based Nurse Staffing Company with annual revenue of approximately $25M.


Due to fierce competition within the industry and specific marketplace, coupled with significant bad debt exposure and minimal limited infrastructure, the company faced bankruptcy.


A Financial and Operational Assessment was completed. Given the Company’s position in the marketplace, limited access to capital, and deteriorating liquidity, the decision was made to position the company for a rapid sale. A Descriptive Memorandum was drafted and circulated to potential acquirers. Within twelve months, the company was sold for $150M to a publicly-traded west coast based Nurse Staffing Company.