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Littlejohn & Co. Acquires American Health Staffing Group

Littlejohn & Co. LLC, a private investment firm based in Greenwich, CT, today announced that it has acquired American Health Staffing Group (“AHSG” or the “Company”), a leading provider of healthcare talent and technology solutions. As part of the transaction, the senior management team, led by CEO and founder Mark Smith, will continue to lead the Company and will be supported by an experienced team of industry veterans. Terms of the transaction were not disclosed.

Founded in 2010, AHSG is dedicated to meeting the needs of healthcare facilities and positively affecting patient outcomes. The Company provides travel nursing, allied health, pharmacy, dialysis, interim leadership, managed services, non-clinical and SaaS technology solutions in thousands of healthcare locations in all 50 states. AHSG offers two proprietary SaaS technology platforms, including Trio VMS, a vendor management system designed to address complex operations for all healthcare talent, and Insight ATS+, the first healthcare-specific applicant tracking system delivering recruiters high-quality and efficient management systems throughout the full recruitment and placement process.

“Over the past decade, AHSG has become a leading player across the healthcare staffing market through industry foresight, strategic acquisitions and investing in its state-of-the-art scalable technology and services,” said Drew Greenwood, a Managing Director at Littlejohn. “We look forward to working closely with Mark and the entire AHSG team to continue to develop leading talent and technology solutions to drive efficiencies for AHSG’s customers in a dynamic and growing market.”

“We are thrilled to partner with Littlejohn, a world-class private investment firm with a proven track record of driving long-term value for its portfolio companies and a deep expertise in growing staffing companies,” added Mark Smith, Founder and CEO of AHSG. “We believe this partnership will enable us to ensure more healthcare professionals are able to access high quality, skilled employment positions that are making a difference in the lives of millions of Americans and enhancing patient outcomes. Every individual on our team has dedicated themselves to our mission and there is no doubt that we are in this position due to the passion and perseverance they have shown.”

In November, AHSG was named a Staffing Industry Analysts Fastest-Growing Staffing Company, marking the fourth year in a row (2018-2021) that AHSG has received the distinction. In addition, AHSG has been named a Staffing Industry Analysts Best Staffing Firm to Work For two years in a row and was named a BluePipes Best Travel Nursing Company in 2021. AHSG’s internal workforce is made up of hundreds across the United States, operating in offices in Oklahoma, Texas, Michigan, Oregon, and South Carolina and remotely.

Houlihan Lokey provided investment banking services to AHSG in the transaction.

About Littlejohn & Co., LLC

Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments primarily in middle market companies. With approximately $13.5 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.

About American Health Staffing Group:

AHSG is a national and diversified healthcare staffing platform, serving thousands of endpoints across health systems, hospitals, and outpatient clinics in all 50 states. Headquartered in Edmond, Oklahoma and with additional offices in Michigan, Oregon, South Carolina, and Texas, AHSG’s seven divisions span across high growth and resilient segments of healthcare staffing including nursing, allied health, pharmacy, interim leadership, dialysis, non-clinical and technology. AHSG is a portfolio company of Littlejohn & Co., LLC.

Contacts

Media

Nathaniel Garnick/Grace Cartwright

Gasthalter & Co.

(212) 257-4170

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