American HealthCare Capital is pleased to introduce a nationwide healthcare staffing agency for sale. Established over two decades ago, their primary focus is on travel contracts for RNs, LVNs, LPNs, CNAs, and Techs. The company achieved Joint Commission Certification as a premier Healthcare Staffing Agency and has earned the reputation of being one of the most trusted and dedicated Healthcare Staffing Agencies in the industry, with staff that is in compliance 100% of the time.

The company has seen dramatic growth over the past few years, averaging a 121% increase each year since 2019. They went from $4.8 million in gross revenues in 2019, to $10 million in 2020, to over $25.5 million in 2021. In 2022, gross revenues were nearly $51 million with an adjusted EBITDA of $11.44 million (22%). The sellers attribute the continued increase in profitability to the switch from VMS/MSP contracts to direct contracts with Long Term Care and Skilled Nursing Facilities, which produce higher margins.

In 2023, the company is seeing a decline similar to what many other staffing agencies have also experienced due to the continued normalization of rates and demand post-pandemic. The company is on track to gross $40 million by the end of 2023 with an adjusted EBITDA of over $9 million. However, the sellers feel that there is ample room for growth and continue to pursue additional contracts. A new owner could continue to build upon their direct contracts and capitalize on existing VMS/MSP contracts.

The staff is expected to stay on under new ownership, and the seller will assist during a transitional period.

The seller is seeking a valuation in the 6x EBITDA range plus a potential earn-out.

If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.