San Francisco-based investment firm Knox Lane has acquired a majority stake in All Star Healthcare Solutions, a US full-service healthcare staffing firm focused on the locum tenens market. Terms of the transaction have not been disclosed.
All Star’s founders and management team will reinvest alongside Knox Lane and continue to own a significant minority stake in the company going forward. According to a press statement, Knox Lane’s partnership will support the company’s next phase of growth through the “continued expansion of All Star’s consultant base, direct sales force and specialty-focused production teams; investment in technology and workforce solutions capabilities; and development of strategic acquisitions”.
All Star is based in Florida and its customer base comprises around 150 hospital systems and 400 individual healthcare facilities.
BofA Securities and McGuire Woods advised All Star. Houlihan Lokey and Kirkland & Ellis advised Knox Lane.
