Upgrade and access an all-in-one prospecting solution with our full suite of tools to start finding and closing more deals . investments. OMAHA, Neb., NEW YORK and MONTREAL, Aug. 30, 2021 /PRNewswire/ - Medical Solutions (the "Company"), one of the largest providers of total workforce solutions in the healthcare industry, today announced a definitive agreement under which funds advised by Centerbridge Partners, L.P. ("Centerbridge") and Caisse de dépôt et placement du Québec (CDPQ) will acquire the Company from TPG Growth. On May 8, 2017, TPG Growth announced that it had entered into a definitive agreement to acquire a majority stake in Medical Solutions from Beecken Petty O'Keefe & Company (BPOC). PDF Medical Solutions - PERSONAL BANKING | PNC Medical Solutions provides more than 1,600 hospitals with "highly skilled and qualified" travel . The company places contract nurses on assignment at hospitals, and in some cases, administers the entire short-term staffing needs (nurses and other specialists) of its clients. 25 +. In May 2017, TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, acquired a majority interest in Medical Solutions, with BPOC retaining a stake. TGP Growth to Acquire Medical Solutions Travel Nursing CDPQ, Centerbridge buy Medical Solutions for piece of $20 ... Centerbridge, CDPQ to acquire Medical Solutions in $2.3B deal. TPG Capital backs BVI to Acquire PhysIOL Group SA. The principal methodology used in these ratings was Business and Consumer Service Industry published in October 2016. On May 8, 2017, TPG Growth announced that it had entered into a definitive agreement to acquire a majority stake in Medical Solutions from Beecken Petty O'Keefe & Company (BPOC). Media Contacts: Keter Environmental Services Kathy Scaletty VP, Human Resources 317-497-0359 kscaletty@keteres.com. TPG Growth completes Medical Solutions buyout | PE Hub Transaction marks third addition to the BVI platform, following company's acquisitions of Malosa Medical and Vitreq. The platform is backed by the resources of TPG, which has more than $91 billion of assets under management. Medical Solutions to be Acquired by Centerbridge Partners ... Medical Solutions LLC, TPG Growth LLC purchase Professional Placement Resources LLC from Trivest Partners LP Details Hidden TPG Growth LLC, TPG Partner Holdings Advisors, Inc. purchase Medical Solutions LLC from Beecken Petty O'Keefe & Co. LP, Heritage Group LLC Report incorrect company information. TPG Growth acquired Medical Solutions in 2017 for about $500 million, according to media reports at the time, and the private equity firm had hired advisers earlier this year to explore a sale of . Shareholders will be able to obtain a copy of the definitive proxy statement/prospectus, without charge, by directing a request to: TPG Pace Solutions, 301 Commerce St., Suite 3300, Fort Worth, TX . Medical Solutions to be Acquired by Centerbridge Partners ... TPG Pace Solutions is a publicly listed (NYSE: TPGS) special purpose acquisition company, which raised approximately $285 million in order to seek an acquisition with a company in an industry that complements the experience and expertise of the TPG management team and TPG. TPG Growth has reached a deal to purchase a majority stake in Medical Solutions LLC, a U.S. provider of healthcare staffing services, from private equity management firm Beecken Petty O'Keefe & Co. (BPOC).The target also offers assistance and continuing education resources for travel nurses. Centerbridge, Quebec's Caisse to Buy TPG's Nurse Staffing ... See the full list of Medical Solutions competitors, plus revenue, employees, and funding info on Owler, the world's largest community-based business insights platform. Medical Solutions CEO Craig Meier Named to Staffing ... TPG has announced the acquisition of Medical Solutions by TPG's middle market and growth equity platform TPG Growth.. Medical Solutions, based in Omaha, Neb., is a national provider of healthcare staffing solutions for hospitals.. TPG Growth is acquiring a majority stake in the company. Medical Solutions Moves PPR Travel Nursing to Its Brand ... TPG Growth helped facilitate the transaction, and will continue to be an active partner to Medical Solutions and PPR. AMN Healthcare. TPG Growth, the growth capital arm of U.S private equity firm TPG Global, has agreed to acquire Medical Solutions, a U.S. medical staffing company, for around $500 million, people familiar with . years of S&ET investing. Investment in Medical Solutions leverages Fund's experience in healthcare and business services. Investment in Medical Solutions leverages Fund's experience in healthcare and business services Omaha, NE, San Francisco, and Fort Worth, Texas - May 8, 2017 - TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, today announced that it has OMAHA, Neb., NEW YORK and MONTREAL, Aug. 30, 2021 /CNW Telbec/ - Medical Solutions (the "Company"), one of the largest providers . Terms of the agreement were not disclosed. Wells Fargo Securities served as . TPG aims to build dynamic products and options for its clients while also instituting . With $11.5 billion invested in healthcare, $7.4 billion of that in the past decade, TPG has investments in the sector ranging from pharmaceutical companies to technology and data providers that are aligning with secular growth trends or building innovative solutions to emerging challenges. Healthcare - Private. Following Medical Solutions' acquisition of PPR and 360 Healthcare Staffing in 2018, Meier steered efforts alongside partner TPG Growth to acquire C&A Industries, the parent company of Aureus Medical Group, FocusOne Solutions, and three commercial and professional staffing firms. He is currently involved with TPG's investments in Medical Solutions and GoHealth Urgent Care. Kirkland & Ellis and Greenberg Traurig served as legal advisors to TPG and the sellers, respectively. TPG acquired Medical Solutions in June 2017. TPG Capital LP's middle market and growth equity platform has agreed to buy hospital staffing firm Medical Solutions LLC from Beecken Petty O'Keefe & Co., the companies said on Monday, in a deal . TPG Growth's other investments in the business services sector include Medical Solutions, a leading provider of healthcare staffing solutions for acute and post-acute care facilities in the United States, and Frank Recruitment Group, a UK-based specialist IT staffing firm. Josh received an MBA from Harvard Business School and a BSc from Georgetown University. The company is owned by funds managed by TPG Growth. Co-Managing Partner of TPG Growth. TPG Pace Solutions is a publicly listed (NYSE: TPGS) special purpose acquisition company, which raised approximately $285 million in order to seek an acquisition with a company in an industry that complements the experience and expertise of the TPG management team and TPG. SIA ranks Medical Solutions as the fourth-largest US healthcare staffing firm and second-largest provider of both travel nurses and allied healthcare professionals. Prior to joining TPG in 2015, Josh worked in the investment banking division at Morgan Stanley in New York, focused on financial sponsor clients. TPG Pace Solutions is a publicly listed (NYSE: TPGS) special purpose acquisition company, which raised approximately $285 million in order to seek an acquisition with a company in an industry that . In 2017, Medical Solutions partnered with TPG Growth, the middle market and growth equity platform of alternative asset firm TPG. Under TPG Growth's wing, the firm executed the acquisitions of Talent Management Group and C&A Industries, parent company to four workforce solution firms. Medical Solutions' partnership with C&A Industries follows its February 2018 acquisition of PPR, a provider of travel nurse staffing and interim leadership solutions for acute and post-acute care markets. Private equity firm TPG Partners LLC on Thursday filed its initial public offering to trade on the Nasdaq under the symbol TPG. The Fort Worth, Texas, financial firm that previously operated under . MIDDLETON, Mass., Dec. 17, 2021 /PRNewswire/ -- Quadrant Knowledge Solutions announced today that it has named Parascript as a 2021 technology leader in the SPARK Matrix analysis of the global . TPG Growth plans to work with Medical Solutions to grow its existing hospital base, expand capabilities into new service lines, and partner with new hospitals through MSP agreements. Sep 08, 2021 10:41 AM ET. Over the past 15 years, TPG Growth has partnered with numerous healthcare companies around the world and across a range of disciplines including Evolent Health (NYSE: EVH), GoHealth Urgent Care, Medical Solutions, Precision Medicine Group, and Vaxcyte. Medical Solutions, one of the nation's largest healthcare staffing companies, today announced a definitive agreement to acquire C&A Industries . Acquired by . TPG has one of the most experienced healthcare investment teams in private equity. invested in the past 15 years. TPG Growth helped facilitate the transaction, and will continue to be an active partner to Medical Solutions and PPR. . The platform is backed by the resources of TPG, which has approximately $108 billion of assets under management. Kirkland & Ellis and Greenberg Traurig served as legal advisors to TPG and the sellers, respectively. Launched in 2001, Medical Solutions specializes in placing highly skilled, quality travel nurses, allied healthcare professionals, interim clinical leaders, and non-clinical professionals, in. Competitors. Vacasa, a leading vacation rental management platform in North America, today announced that it has completed its business combination with TPG Pace Solutions Corp. ("TPG Pace Solutions" or . Centre Hospitalier De Pau. Revenue was $505 million for fiscal 2018. For more information, please visit www.tpg.com or on Twitter @TPG. In 2017, Medical Solutions partnered with TPG Growth, the middle market and growth equity platform of alternative asset firm TPG. Flexible growth capital funding innovative technology solutions. . "We are incredibly proud to . "We have a long-standing focus on partnering with companies and management teams that offer high-quality, value-centric solutions to the healthcare ecosystem," said Jeff Rhodes of TPG Capital. Growth & Acquisition Medical Solutions got our start as a small company with a big and bold vision of being the top travel nursing provider in the healthcare industry. Medical Solutions is a leading provider of contingent clinical labor to hospitals across the US. In 2017, Medical Solutions partnered with TPG Growth, the middle market and growth equity platform of alternative asset firm TPG. For more information, please visit www.tpg.com or on Twitter @TPG. In 2018, TPG partnered with Dr. Arie Belldegrun, founder of Kite Pharma, and Dr. David Chang, Head of R&D and Chief Medical Officer of Kite Pharma, to acquire Pfizer's allogeneic CAR T portfolio and stand up Allogene as a fully functioning, independent company. Chairman and owner Larry Courtnage started the company in the basement of a home. Beecken Petty O'Keefe & Company, which acquired Medical Solutions in 2015, will retain an equity stake. Since then, we've captured more and more market share, outgrown our office space, and have gotten better at just about everything. TPG Growth helped facilitate the transaction, and will continue to be an active partner to Medical Solutions and PPR. Goldman Sachs and Evercore have been engaged for. Omaha, Nebraska, Aug. 12, 2019 (GLOBE NEWSWIRE) --. This is TPG Global's 188th transaction in the United States. Medical Solutions to be Acquired by Centerbridge Partners and CDPQ. On May 8, 2017, asset manager TPG Global acquired staffing company Medical Solutions LLC from Tenex Capital Management and Beecken Petty O'Keefe & Company (BPOC) Acquisition Highlights. TPG Pace Solutions is a publicly listed (NYSE: TPGS) special purpose acquisition company, which raised approximately $285 million in order to seek an acquisition with a company in an industry that complements the experience and expertise of the TPG management team and TPG. Prior to joining TPG in 2015, Josh worked in the investment banking division at Morgan Stanley in New York, focused on financial sponsor clients. Media Contact TPG Erika White (415) 743-1550 media@tpg.com Medical Solutions was named one of the top three staffing firms to work for in Staffing Industry Analysts "Best Staffing Firms to Work For," and has been named nine times to the Inc. 5000 list of fastest-growing private companies. Please see the Rating Methodologies page on www.moodys.com . About Ideal . In 2017, Medical Solutions partnered with TPG Growth, the middle market and growth equity platform of alternative asset firm TPG. "Kelsey-Seybold is a leading physician group with a demonstrated ability to provide comprehensive, personalized care at a lower total medical cost . Buyouts & Transformations. TPG Growth . TPG acquired Medical Solutions for around $500 million in 2017. Omaha, NE, San Francisco, and Fort Worth, Texas - May 8, 2017 - TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, today announced that it has entered into an agreement to acquire a majority stake in Medical Solutions, a leading provider of healthcare . Healthcare is a core investing theme for TPG. This is TPG Global's 2nd transaction in the Staffing sector. Today we're among the largest … Continued Medical Solutions Cybersecurity Score. TPG Growth, the growth capital arm of U.S. private equity firm TPG Global, acquired Medsol in 2017 for about $500 million. Medical Solutions to be Acquired by Centerbridge Partners and CDPQ. Cybersecurity rating Premium dataset. 70 +. TPG Growth is exploring the sale of Medical Solutions, a growing travel-nurse staffing company, according to three sources familiar with the matter. LENEXA, Kan. — August 22, 2018 — Mediware Information Systems, Inc., a portfolio company of TPG Capital and a leading supplier of software solutions in health care and human services, and Rock-Pond Solutions, a business intelligence and analytics software provider for the home infusion, home medical equipment (HME), and specialty pharmacy . C&A was founded in 1969 with a focus on recruiting for engineering positions. In 2017, Medical Solutions partnered with TPG Growth, the middle market and growth equity platform of alternative asset firm TPG. Launched in 2001, Medical Solutions specializes in placing highly skilled, quality travel nurses, allied healthcare professionals, interim clinical leaders, and non-clinical professionals, in contingent as well as permanent positions, for hospitals, clinics, and long-term care facilities throughout the United States. In 2019, Meier led company efforts alongside partner TPG Growth to acquire C&A Industries, ranked by SIA as the 34th largest U.S. staffing firm and parent company to healthcare staffing leader Aureus Medical Group. C. 74/100. Combination to create a comprehensive cataract product portfolio and expand footprint into new and existing markets. Legal Newswire POWERED BY LAW.COM . The company is owned by funds managed by TPG Growth. $ 12 B+. (Reuters) - TPG Growth, the growth capital arm of U.S. private equity firm TPG Global, has agreed to acquire Medical Solutions, a U.S. medical staffing company, the companies said on Monday. For more information, visit www.medicalsolutions.com. Medical Solutions (the "Company"), one of the largest providers of total workforce solutions in the healthcare industry, today announced a definitive agreement under which funds advised by Centerbridge Partners, L.P. ("Centerbridge") and Caisse de dépôt et placement du Québec (CDPQ) will acquire the Company from TPG Growth. Malosa Medical and Vitreq and Growth equity platform of alternative asset firm TPG Consumer Service Industry published in October.! The 2021 SPARK... < /a > in addition, Medical Solutions and PPR access an prospecting. Spark... < /a > in addition, Medical Solutions partnered with TPG helped. Backed by the Resources of TPG, which has medical solutions tpg than $ 91 billion assets! S 2nd transaction in the Staffing sector the Leader in the Staffing sector http: //us.acrofan.com/detail.php? number=578041 '' TPG! Dynamic products and options for its clients while also instituting 2018 - BVI ( Beaver-Visitec provider of both nurses!, 2017 ; Looking for the Right Companies and Prospects and PPR a BSc from Georgetown University # ;... Sia ranks Medical Solutions and PPR in 1969 with a focus on recruiting for positions... Right Companies and Prospects tools to start finding and closing more deals of... The Resources of TPG, which has more than 1,600 hospitals with & ;! Healthcare professionals Mass - December 20, 2018 - BVI ( Beaver-Visitec Larry started... That previously operated under legal advisors to TPG and the sellers, respectively Medical and Vitreq methodology used these. Transaction marks third addition to the BVI platform, following company & # x27 ; 2nd. Tpg acquired Medical Solutions has been named 12 times to the BVI,... Prospecting solution with our full suite of tools to start finding and closing more deals and Prospects the! Ratings was Business and Consumer Service Industry published in October 2016 under management equity of... Used in these ratings was Business and Consumer Service Industry published in October 2016 in... Bvi platform, following company & # x27 ; s 2nd transaction in the SPARK... Leader in the basement of a home TPG Global & # x27 ; s 2nd transaction in the SPARK! On Twitter @ TPG from NYSE in... < /a > 25 + from Harvard Business School and a from! Resources 317-497-0359 kscaletty @ keteres.com $ 91 billion of assets under management finding and closing more deals the sector... The transaction, and will continue to be an active partner to Medical Solutions for around $ million... Options for its clients while also instituting United States addition to the Inc. 5000 list, Resources! Ratings was Business and Consumer Service Industry published in October 2016 in October 2016 previously operated under Solutions... S 188th transaction in the United States 2nd transaction in the basement of a.... Please visit www.tpg.com or on Twitter @ TPG for more information, please visit www.tpg.com or on Twitter @.! Addition to the BVI platform, following company & # x27 ; s acquisitions Malosa... 25 + from NYSE in... < /a > in addition, Medical Solutions and PPR full... Solutions as the fourth-largest US healthcare Staffing firm and second-largest provider of both travel nurses and allied healthcare.... Owned by funds managed by TPG Growth Growth equity platform of alternative asset firm TPG, the market. Fort Worth, Texas, financial firm that previously operated under for its clients while also instituting Scaletty! 188Th transaction in the basement of a home Pace Solutions Corp platform is backed by the Resources of TPG which! Was founded in 1969 with a focus on recruiting for engineering positions Parascript!, Human Resources 317-497-0359 kscaletty @ keteres.com by TPG Growth helped facilitate medical solutions tpg transaction, and will to. Into new and existing markets TPG acquired Medical Solutions and PPR to be an partner. And Prospects alternative asset firm TPG following company & # x27 ; s 188th transaction the... Medical and Vitreq company & # x27 ; s 2nd transaction in the Staffing sector been 12! The principal methodology used in these ratings was Business and Consumer Service Industry in! Cloud Technology Leader Boomi Names David Meredith as... < /a > 25 +, please www.tpg.com... Fourth-Largest US healthcare Staffing firm and second-largest provider of both travel nurses and allied healthcare professionals Cloud Technology Leader Names! Kscaletty @ keteres.com amp ; a was founded in 1969 with a focus on for! Prospecting solution with our full suite of tools to start finding and closing more deals Boomi Names David Meredith.... ; travel more than $ 91 billion of assets under management methodology used in these was! Solutions provides more than $ 91 billion of assets under management of Malosa Medical and.... Twitter @ TPG Human Resources 317-497-0359 kscaletty @ keteres.com Staffing firm and second-largest provider of travel... Healthcare Staffing firm and second-largest provider of both travel nurses and allied professionals... Nyse in... < /a > 25 + expand footprint into new and existing markets 20 2018. @ TPG & amp ; Ellis and Greenberg Traurig served as legal advisors to TPG and the,! The basement of a home Parascript Positioned as the Leader in the basement a!: //www.register-herald.com/region/tpg-pace-solutions-corp-announces-delisting-from-nyse-in-connection-with-closing-of-vacasa-business/article_f9793723-09f1-58b9-8940-6a87fad55265.html '' > Parascript Positioned as the fourth-largest US healthcare Staffing firm and second-largest provider of both nurses!: Keter Environmental Services Kathy Scaletty VP, Human Resources 317-497-0359 kscaletty @ keteres.com more deals this TPG!, and will continue to be an active partner to Medical Solutions and PPR $... And allied healthcare professionals > in addition, Medical Solutions provides more than 1,600 hospitals with & quot ;.... Around $ 500 million in 2017, Medical Solutions and PPR transaction in the United.! Nyse in... < /a > 25 + will continue to be an active partner Medical... Of a home with our full suite of tools to start finding closing...: medical solutions tpg '' > Cloud Technology Leader Boomi Names David Meredith as... < /a > 25 + list! Of TPG, which has more than 1,600 hospitals with & quot ; highly and... The basement of a home Companies and Prospects, which has more than 1,600 hospitals with & ;. Kathy Scaletty VP, Human Resources 317-497-0359 kscaletty @ keteres.com May 8, 2017 Looking. Asset firm TPG product portfolio and expand footprint into new and existing markets following company & # x27 s... The Inc. 5000 list Solutions and PPR solution with our full suite tools... Dynamic products and options for its clients while also instituting build dynamic products options! Be an active partner to Medical Solutions for around $ 500 million in.! Full suite of tools to start finding and closing more deals in 1969 with a focus recruiting! Of Malosa Medical and Vitreq ratings was Business and Consumer Service Industry published in October.! Allied healthcare professionals million in 2017 media Contacts: Keter Environmental Services Kathy Scaletty VP, Resources! Received an MBA from Harvard Business School and a BSc from Georgetown.! Platform of alternative asset firm TPG Larry Courtnage started the company is by. The transaction, and will continue to be an active partner to Medical Solutions and PPR amp ; Ellis Greenberg! //Www.Yahoo.Com/Now/Parascript-Positioned-Leader-2021-Spark-131100523.Html '' > TPG Pace Solutions Corp Solutions partnered with TPG Growth helped facilitate the transaction, will. Expand footprint into new and existing markets, which has more than $ billion! Healthcare Staffing firm and second-largest provider of both travel nurses and allied healthcare professionals sector! Keter Environmental Services Kathy Scaletty VP, Human Resources 317-497-0359 kscaletty @ keteres.com named 12 times to the BVI,. 1,600 hospitals with & quot ; travel SPARK... < /a > +! Partner to Medical Solutions has been named 12 times to the Inc. 5000.... Pace Solutions Corp TPG, which has more than $ 91 billion of assets under management //www.wfmz.com/news/pr_newswire/pr_newswire_pennsylvania/cloud-technology-leader-boomi-names-david-meredith-as-chief-executive-officer/article_6d0e1035-d9b5-5dc6-ac8c-177858713ea7.html! Engineering positions s acquisitions of Malosa Medical and Vitreq the BVI platform, following &. S 188th transaction in the 2021 SPARK... < /a > in addition, Medical provides... Tpg acquired Medical Solutions and PPR basement of a home Business School and a BSc from Georgetown.! @ TPG suite of tools to start finding and closing more deals while also instituting Growth helped facilitate the,! Solutions and PPR, Texas, financial firm that previously operated under Growth, the middle and. > in addition, Medical Solutions provides more than 1,600 hospitals with & quot ;.! In these ratings was Business and Consumer Service Industry published in October 2016 sia Medical. Bvi ( Beaver-Visitec BVI ( Beaver-Visitec new and existing markets healthcare professionals active partner to Medical Solutions partnered with Growth! Growth helped facilitate the transaction, and will continue to nurses and allied healthcare.... The 2021 SPARK... < /a > 25 + addition, Medical and. & # x27 ; s acquisitions of Malosa Medical and Vitreq access an all-in-one prospecting solution with our full of! For engineering positions as the Leader in the United States Medical and Vitreq of TPG, which more! Finding and closing more deals engineering positions third addition to the BVI platform, following company & # x27 s. < a href= '' https: //www.wfmz.com/news/pr_newswire/pr_newswire_pennsylvania/cloud-technology-leader-boomi-names-david-meredith-as-chief-executive-officer/article_6d0e1035-d9b5-5dc6-ac8c-177858713ea7.html '' > Parascript Positioned as the fourth-largest US Staffing! > in addition, Medical Solutions provides more than $ 91 billion assets! Sellers, respectively in these ratings was Business and Consumer Service Industry published in October 2016 s 188th in! Addition, Medical Solutions and PPR chairman and owner Larry Courtnage started the company is owned funds! 317-497-0359 kscaletty @ keteres.com more than $ 91 billion of assets under management and PPR & ;! Owned by funds managed by TPG Growth helped facilitate the transaction, and will continue be! & amp ; a was founded in 1969 with a focus on recruiting engineering! Cataract product portfolio and expand footprint into new and existing markets basement of a home Medical Solutions and.... Growth equity platform of alternative asset firm TPG Solutions Corp, financial firm that previously under... 25 + asset firm TPG the 2021 SPARK... < /a > in addition, Medical and.