MedCAREERS GROUP has signed an LOI to acquire physician staffing industry website StaffMD

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website

 
ACQUISITION 
FDN Database Reference:  F231109-348
 
Acquirer:  MedCAREERS GROUP
ACQ Web:  http://www.medcareersgroup.com
Location:  USA, Atlanta, GA
Region:  North America
Description:  Online pacement site devoted exclusively to the healthcare industry.
Category:  Recruitment
Contact 1:  R. Bryan Crutchfield, Chairman and CEO
Contact 2:  C. John Dean, Chief Financial Officer
 
Vendor:  StaffMD
Vendor Web:  http://www.physicianwork.com 
Location:  USA, Homosassa, FL
Region:  North America
Description:  StaffMD operates primarily under the name www.physicianwork.com, but it has other operating assets as well.  StaffMD was founded ten years ago by Jeffrey Sisk. StaffMD has most of the major physician staffing companies as clients who use www.physicianwork.com to advertise their job listings.
Category: Recruitment
Contact:  Jeffrey Sisk, CEO, Founder
 
Aprox. Value:  Undisclosed
 
Details:  MedCAREERS GROUP, Inc. has signed a letter of intent to acquire StaffMD an online job posting website in the physician staffing industry.  StaffMD operates primarily under the name www.physicianwork.com, but it has other operating assets as well.  StaffMD was founded ten years ago by Jeffrey Sisk and he will remain with the Company after the closing of the pending acquisition. The transaction is subject to due diligence and execution of definitive documentation which the parties expect to be finalized within 60 days. 
 
Link: Press Release

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