News

Webster Capital has acquired Charlotte, North Carolina-based Cirrus Medical Staffing, a provider of travel nurse and travel allied healthcare professionals. No financial terms were disclosed.

PRESS RELEASE

Waltham, MA (October 19, 2017) – Webster Capital is pleased to announce its acquisition of Cirrus Medical Staffing (the “Company” or “Cirrus”), a nationwide provider of travel nurse and travel allied healthcare professionals.

Formed in 2004, Cirrus Medical Staffing provides travel health healthcare professionals to acute care hospitals and healthcare facilities, as well as home health settings, nationwide. The Company is headquartered in Charlotte, NC and maintains offices in both Fort Lauderdale, Fl. and the Philippines. Cirrus focuses on staffing high quality providers across a diverse set of specialties within the nurse and travel segments.

“We are excited to partner with Cirrus to assist them in continuing to staff high quality healthcare professionals across the country” said David Malm, Co-Managing Partner and Head of Healthcare Services at Webster Capital. “The Company has an exceptional track record and is well-positioned to capitalize on a range of growth opportunities in the coming years.”

CEO and President, Andrea Zveibil, said “We are thrilled to partner with Webster in our next phase of growth. The Webster team brings a wealth of experience in healthcare services and shares our core values of quality, collaboration, transparency and enthusiasm. With their support, we look forward to continuing to being an instrumental part of providing quality clinicians to nationwide healthcare facilities and expanding our presence in the market place.”

About Webster Capital
Founded in 2003, Webster Capital is a private equity firm with over $600 million of committed capital which invests in the branded consumer and healthcare services industries. Webster Capital provides equity financing, expertise, and a broad contact network for management buyouts and growth capital. For additional information on Webster Capital please visit www.webstercapital.com.

About Cirrus Medical Staffing
Cirrus is a national healthcare staffing Company with a proven track record of partnering with their clients. Led by a strong management team, Cirrus places top high quality healthcare professionals nationwide. For additional information on Cirrus please visit www.cirrusmedicalstaffing.com.