Houston, TX, May 10, 2017 – GHR Acquisition, a Houston-based healthcare firm, has announced the acquisition of General Healthcare Resources (“GHR”), including their healthcare IT-based business line GHR Technology, a mid-market healthcare staffing company with offices in Pennsylvania, New Jersey, Delaware, and Florida.
Founded in 1993 and headquartered in Plymouth Meeting, PA, General Healthcare Resources primarily provides nurses, therapists, behavioral health specialists, pharmacy personnel and other contingent labor to healthcare organizations and educational facilities across the eastern seaboard. They also have a robust permanent placement business serving the same industry sectors. Led by President Anthony Rossi, GHR has a strong and experienced management team who will continue in leadership roles to grow the various segments of the business. This acquisition provides GHR Acquisition with a strong clinical staffing foundation from which to expand future operations.
“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. Together, they create a robust platform for expansion and future growth.”
“The best part of the entire process is knowing we ended up with the right partner,” said Anthony Rossi, President of General Healthcare Resources. “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.”
Rossi, along with Jeff Crater (CFO) of General Healthcare Resources will join Janet Elkin (CEO), Laura Magner (COO), Cheryl Wilhelm (CDO) and Mike Dunagan (CMO), as members of the senior management team of the new organization.
“This is a team and an organization that is focused on profitable growth, while making a positive impact on the facilities, clinicians and patients they touch. We’re excited about the future, and the combined opportunities ahead of us,” said Janet Elkin, President and CEO.
The buyers were advised by Thomas Bailey at Houlihan Lokey in this transaction. Terms of the transaction were not disclosed.
About General Healthcare Resources
Headquartered in Plymouth Meeting, PA, General Healthcare Resources has been successfully providing nursing, therapy, pharmacy, and behavioral health & education personnel in healthcare and human services environments since 1993.