Acacium Group Acquires Favorite Healthcare Staffing
January 2022- England Securities served as the exclusive financial advisor to Acacium Group in its acquisition of Favorite Healthcare Staffing, LLC.
Headquartered in London, Acacium Group is Europe’s largest healthcare solutions partner offering staffing, managed services, and innovative delivery models to health and social care systems and the global life science industry. The acquisition accelerates Acacium’s goal to offer expert solutions, and support clients in dealing with the challenges of rising demand and constrained workforce supply in the healthcare and life sciences sectors on a global basis. Acacium is a portfolio company of Onex Partners and TowerBrook Capital Partners.
Favorite Healthcare Staffing, based in Overland Park, Kansas, is one of the nation’s largest providers of healthcare professionals, offering a full range of per diem, allied health, contract, and travel assignments, as well as permanent placement opportunities.
“This is an important transaction for us,” said Mike Barnard, Chief Executive Officer of Acacium Group. “The England team’s knowledge of the U.S. healthcare staffing sector and industry contacts, along with the advice they provided were instrumental in helping us identify this opportunity and creating a successful outcome. We see this as a first step in a substantial expansion of our businesses in the North American markets.”
Through this acquisition Acacium Group becomes the first global healthcare staffing and workforce solutions specialist with operations in the U.S., Europe, and Australia.