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One Equity Partners completes Prime Time Healthcare acquisition

Mid-market private equity firm One Equity Partners has completed its acquisition of healthcare staffing services provider Prime Time Healthcare. Founded in 2012, Prime Time specialises in travel nursing. It provides placement services for registered nurses, licensed practical nurses, certified nursing assistants and Allied Health clinicians to 8500 healthcare facilities across the US.

Ron Spencer, co-founder of Prime Time Healthcare, said: “Increased demand for caregivers is a major challenge for the US healthcare system, a trend which shows no signs of easing given the ageing population and the prevalence of chronic conditions among this same population.

“Helping healthcare facilities and the patients they serve has always been our number one priority. With the help of OEP’s expertise and additional resources, we believe Prime Time can better serve our clients and drive improved patient care by continuing to improve our recruiting and retention, expanding our service offerings and augmenting our technological solutions.”

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