Highly Profitable Healthcare Search And Recruitment Agency servicing the Tri-state area of New York, New Jersey, and Connecticut
Location: Tri-State Area
Listing ID: STNEMM1A
Listing Status: Under LOI
Adjusted EBITDA: $2,900,000
M&A Healthcare Advisors is pleased to introduce a leading Search & Recruitment Agency solely focused on the Healthcare Industry. The Company has been in business for more than a decade and has built relationships throughout their history with some of the most prestigious organizations and institutions in the New York, New Jersey, and Connecticut Tri-state area. Some of their job placement candidates include Physicians, Physician Assistants, Nurses, Nurse Practitioners, Operations, Executives, Finance, IT, Sales, Home Care, and Quality Assurance. Most conducted searches are on a contingent basis but they also have several on-going retained assignments focused on placing Healthcare Executives and Physicians.
The entirety of The Company’s revenue is generated through Private Pay contracts with their clients. In 2019, the Company generated approximately $4.5 million of revenue. In 2020, given the adverse effects of COVID-19, the company generated nearly $3.2 million of revenue. Quickly re-bounding in 2021, the company generated approximately $6.5 million of revenue and nearly $2.9 million (43.74%) of adjusted EBITDA. 2022 is expected to outpace 2021 in terms of financial performance due to the current demand from their clients and open job searches which are at an all time high.
All employees are expected to remain post-acquisition, including key individuals currently managing the day-to-day. Our client has interest in maintaining a minority equity position or selling the company outright. For more information, please sign our NDA which can be found by clicking the link on the right.