Ingenovis Health, Inc., a tech-enabled platform for healthcare staffing backed by private equity firms Cornell Capital and Trilantic North America, has acquired HealthCare Support. HSS is a national healthcare staffing platform that provides a range of hiring services.
Ingenovis is a healthcare staffer, providing a holistic approach that includes shared services and technologies to create efficiencies in generating jobs. The firm is a combination of Trustaff, CardioSolution, Fastaff Travel Nursing, US Nursing Corp. and Stella.ai.
The deal will support Ingenovis’ growth strategy of organic expansion and acquiring strong businesses to expand service, meet demand and enhance its overall platform.
“HSS has been a consistent outperformer with its client-centric business model and scalable, cloud-based technology infrastructure,” said Jeremy Lynch, partner of Trilantic. “Together, the combined business is well positioned to continue capturing market share and driving greater impact for clients across the healthcare industry.”
Davis Polk & Wardwell LLP is acting as legal advisor to Ingenovis, Cornell Capital and Trilantic North America. Wells Fargo Securities, LLC is acting as exclusive financial advisor to HSS, and Nelson Mullins Riley & Scarborough LLP is acting as legal advisor.