WILTON, CT (December 17, 2014) – OGH, LLC, a leading provider of workforce solutions for the healthcare and technology sectors, announced today that it had entered into a definitive agreement to sell the healthcare businesses under its ownership to AMN Healthcare (http://www.amnhealthcare.com), the nation’s leading innovator in healthcare workforce solutions and staffing services.
The companies are led by founder, industry pioneer and CEO, Kevin Clark, and are majority owned by Welsh, Carson, Anderson & Stowe, a leading private equity firm committed to providing financial sponsorship in two growth industries: healthcare and information/business services. Onward Healthcare is a national provider of nursing and allied healthcare staffing services, and Locums Leaders provides locum tenens services throughout the US. Medefis is a vendor neutral provider of flexible, SaaS-based vendor management solutions for healthcare facilities.
“The U.S. health care system is undergoing a significant expansion with the implementation of the Affordable Care Act. As a result, hospital executives are experiencing an acceleration of labor shortages of skilled healthcare professionals while trying to effectively manage patient care and maintain positive operating margins. Our OGH healthcare businesses have been focused on providing our clients with leading solutions that can help address these issues and to combat potential disruptions in patient care. We look forward to working with the AMN team to effectively transition these businesses for great success under AMN’s talented and dynamic leadership” said Kevin Clark, CEO of OGH.
Robert W. Baird served as the exclusive financial advisor to OGH, LLC on for this transaction.
About OGH, LLC:
OGH, LLC is the nation’s leading provider of workforce solutions for talent acquisition. The holding company consisting of three staffing services firms: Onward Healthcare, Locum Leaders, Onward Search, as well as Medefis, the leading vendor management solutions platform for health care systems, and Recruitics, a recruitment marketing analytics platform for Fortune 500 companies, staffing firms, and job boards. OGH, LLC was co-founded by nationally-known entrepreneur Kevin Clark and is backed by Welsh, Carson, Anderson & Stowe, a leading U.S. private equity firm.
For more information on OGH, LLC, contact: