General Healthcare Resources acquired
Houston-based healthcare firm GHR Acquisition announced it had bought General Healthcare Resources, an East Coast staffing company.
General Healthcare Resources had headquarters in Plymouth Meeting, PA, and provides labor to healthcare organizations, including therapists.
Terms of the deal were not disclosed.
"This is a real win-win situation," said Joe Kaplan, chairman of the board for GHR Acquisition. "Not only is General Healthcare Resources a thriving, successful company today, but it allows us to combine their current business lines and infrastructure with the management experience of the RecruitIQ Staffing team, which includes our existing IT as well as our developing travel nursing division."
Anthony Rossi, the president of General Healthcare Resources, along with other C-suite employees, will join the new organization.
"The best part of the entire process is knowing we ended up with the right partner," Rossi said. "We had numerous companies that were interested, but none brought the kind of experience and depth of resources that GHR Acquisition brings to the table."
The buyers were advised by Thomas Bailey at Houlihan Lokey.