Hot Listing
Highly Profitable, $22 Million Revenue, Nationwide Healthcare Staffing
Business Description
Ensure Capital is pleased to announce the availability of a nationwide healthcare
staffing agency for acquisition. Established over two decades ago, this agency primarily
specializes in travel contracts for Registered Nurses (RNs), Licensed Vocational Nurses (LVNs),
Licensed Practical Nurses (LPNs), and Certified Nursing Assistants (CNAs). The organization is
managed and operated by experienced professionals in the healthcare and recruiting sectors,
who deeply understand the evolving challenges and workforce demands within the contemporary
healthcare landscape. They have earned a reputation as one of the industry's most trusted and
dedicated healthcare staffing agencies, consistently maintaining a perfect record of 100%
compliance with all regulatory and credentialing standards.
Financial Overview
The company experienced exceptional growth following the COVID period, scaling rapidly from
$4.8 million in revenue in 2019 to an impressive $51 million in 2022. In 2023, like many others in
the staffing industry, the company experienced a recalibration in revenue as market rates and
demand began to normalize. Despite this, they achieved strong results, closing the year with
$30.3 million in revenue and an adjusted EBITDA of $5.24 million (17%).
By 2024, the company reached a stable revenue baseline and saw encouraging signs of renewed
growth in the second half of the year, reporting $18.1 million in revenue and an improved adjusted
EBITDA margin of 26% ($4.66 million). Based on trends from the 2nd half of 2024, they expect to
gross at least $22 million in 2025 with an adjusted EBITDA margin above 25%.
Staff Overview
The staff, including key management personnel, is expected to remain employed under the new
ownership. The seller has expressed a willingness to assist throughout the transitional period.
Asking Price
The asking price for this opportunity is $22 million, which does not include cash, receivables, or
working capital.
staffing agency for acquisition. Established over two decades ago, this agency primarily
specializes in travel contracts for Registered Nurses (RNs), Licensed Vocational Nurses (LVNs),
Licensed Practical Nurses (LPNs), and Certified Nursing Assistants (CNAs). The organization is
managed and operated by experienced professionals in the healthcare and recruiting sectors,
who deeply understand the evolving challenges and workforce demands within the contemporary
healthcare landscape. They have earned a reputation as one of the industry's most trusted and
dedicated healthcare staffing agencies, consistently maintaining a perfect record of 100%
compliance with all regulatory and credentialing standards.
Financial Overview
The company experienced exceptional growth following the COVID period, scaling rapidly from
$4.8 million in revenue in 2019 to an impressive $51 million in 2022. In 2023, like many others in
the staffing industry, the company experienced a recalibration in revenue as market rates and
demand began to normalize. Despite this, they achieved strong results, closing the year with
$30.3 million in revenue and an adjusted EBITDA of $5.24 million (17%).
By 2024, the company reached a stable revenue baseline and saw encouraging signs of renewed
growth in the second half of the year, reporting $18.1 million in revenue and an improved adjusted
EBITDA margin of 26% ($4.66 million). Based on trends from the 2nd half of 2024, they expect to
gross at least $22 million in 2025 with an adjusted EBITDA margin above 25%.
Staff Overview
The staff, including key management personnel, is expected to remain employed under the new
ownership. The seller has expressed a willingness to assist throughout the transitional period.
Asking Price
The asking price for this opportunity is $22 million, which does not include cash, receivables, or
working capital.
About the Business
- Years in Operation
- 24
- Number of Employees
- 425
- Opportunities for Growth
- The company has consistently sustained profitability, demonstrating resilience amidst fluctuating
market conditions. A pivotal driver of cost efficiency was the company’s strategic decision to
transition to hiring recruiters internationally several years ago. This strategic shift has resulted in
substantial savings, with entry-level recruiter compensation beginning at approximately $4 USD
per hour.
A wide range of growth opportunities is available for expansion. Star Nursing actively engages
weekly outreach to new facilities to secure additional clients
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2362669
- Listing Views
- 2068
Listing ID: 2362669 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.