Generational Equity Advises Protouch Staffing in Sale to W3Global
DALLAS, Aug. 15, 2018 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Pro-Touch Nurses Inc. dba Protouch Staffing Inc., to W3Global Inc. The acquisition closed June 28, 2018.
Protouch Staffing, based in Plano, Texas, is one of the leading healthcare staffing companies in the U.S. The business provides permanent, temporary-to-permanent, temporary, per-diem and travel staffing for nursing and allied services positions in three major markets – Dallas, Houston and Chicago. It serves more than 1,000 clients and aims to be the benchmark in providing quality employment opportunities to more than 500 nurses per year.
W3Global is one of the foremost providers of IT professional services & staffing. Beyond IT, it also delivers staffing services for the following sectors: accounting and finance, engineering, human resources, quality and strategic consulting. Based in Coppell, Texas, W3Global likewise offers turnkey IT solutions, as well as end-to-end IT solutions for small, medium and large-scale enterprises.
"We are excited about the Protouch acquisition, as it is a strategic expansion into a new vertical," said W3Global CEO Sridhar Venkatesan. "We believe that this acquisition will bring exceptional growth opportunities that are available in the ever-demanding healthcare staffing industry."
Generational Equity Senior Managing Director Michael Goss's team, led by VP Corey Painter, successfully helped close the deal. Executive Managing Director Bill Kushnir established the initial relationship with Protouch.
"W3Global's acquisition of Protouch Staffing will add a highly experienced healthcare staffing team to its already wide array of staffing capabilities," said Painter. "The companies will undoubtedly achieve great success together."
About Generational Equity
Generational Equity, DealForce, and Generational Capital Markets, member FINRA/SIPC, are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America. With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services. Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.
The M&A Advisor named the company the 2016 and 2017 Investment Banking Firm of the Year. For more, visit the https://www.genequityco.com/ or the Generational Equity press room.
For more information:
Carl Doerksen
972-232-1125
[email protected]
SOURCE Generational Equity
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