Healthcare Recruitment M&A Update


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