With staffing shortages across the UK healthcare sector a growing problem, quality healthcare recruitment companies continue to be sought after by acquirers and investors.
View our insights into M&A and private equity activity in the sector below.
M&A in the healthcare recruitment sector
Staffing issues within the NHS are hard to ignore at present, with a million NHS workers considering striking this winter in disputes over pay
Meanwhile, a growing and ageing population, with an increasing prevalence of complex conditions, is driving greater demand for NHS services
This demand cannot be met by the current NHS resource pool, with the NHS failing to attract the necessary talent due to uncompetitive remuneration and restrictions on the use of international staff (exacerbated by Brexit)
Whilst this impacts all forms of healthcare roles, it is particularly pronounced across nursing, with 11.8% of NHS England nursing posts vacant as at June 2022
These drivers make the provision of quality recruitment and agency staff highly sought after, and this is attracting the attention of investors and acquirers
A number of high profile transactions have occurred in recent years, with corporate acquirers such as Acacium Group and MCG Healthcare particularly prevalent in the market
Private equity are also seeking quality platforms in the sector, with Hunter Healthcare (Agathos), Skills Alliance (Palatine), Celsus Group (Sullivan Street), and Acton Banks (Maven) all receiving investment
NHS England FTEs and vacancies
Recent M&A Activity
Date | Target | Acquirer/Investor | Deal Type |
Oct 22 | Templars Medical Agency | Dedicare | Acquisition |
Aug 22 | MMA Healthcare Recruitment | TTM Healthcare | Acquisition |
Aug 22 | Skills Alliance | Palatine | MBO |
Mar 22 | Brindley Medical | Kingdom Services Group | Acquisition |
Nov 21 | Hunter Healthcare Resourcing | Agathos | MBO |
Jun 21 | StaffAid | MCG Healthcare | Acquisition |
May 21 | SYK Healthcare | PSR Group | Acquisition |
Feb 21 | CHS Healthcare | Acacium Group | Acquisition |
Nov 20 | Poppy Nursing and Care Solutions | MCG Healthcare | Acquisition |
Nov 20 | Field Health | Premier Healthcare Professional | Acquisition |
Oct 20 | Hallam Medical | Management | MBO |
Sep 20 | Acacium Group | Onex | Acquisition |
Sep 20 | Celsus Group | Sullivan Street | MBO |
Aug 20 | Robin Recruitment | Kingdom Services Group | Acquisition |
Sep 19 | Medbank Healthcare Solutions | Montreux Capital Management | Acquisition |
Oct 18 | Acton Banks | Maven | MBO |
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