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P2P Staffing Sells MedPartners Business for USD 195m
Monday 16 April 2018

16 April 2018 - Florida, US-based P2P Staffing Corp. has closed the sale of its MedPartners HIM business unit to AMN Healthcare, Inc. for USD 195m, with the potential for an additional USD 20m based on future performance, the company said.

P2P Staffing Corp. was founded in 2002 by Harris Katz and Vito Scutero when they launched TekPartners to provide technology solutions to include staffing, managed services, and project based capabilities.

In 2006, the MedPartners HIM division was created under the P2P umbrella when Bob Bradley and Marci Wilhelm partnered with the P2P Founders.

P2P generated 2017 revenue of approximately USD 225m of which USD 125m was contributed by MedPartners HIM.

It has been a human capital solutions firm for 16 years.
Date Published: 16/04/2018
Target: P2P Staffing/MedPartners HIM business unit
Country: USA
Deal Size: 195m (USD)
Sector: Business and Consumer Services
Type: Divestment
Financing: Cash
Status: Closed
Vendor: P2P Staffing Corp
Buyer: AMN Healthcare