Fastaff, LLC Asset Profile

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Year established

1989

Location

Greenwood Village CO US

Primary Industry

Outsourcing

About

Based in Colorado, US, and founded in 1989 lead by Mr. Bart Valdez, Fastaff, LLC is the pioneer and industry leader of Rapid Response® nurse staffing. Fastaff, LLC partners with large healthcare facilities as well as small, and rural hospitals. In 2015, Thomas H. Lee Partners, L.P. invested in Fastaff, LLC. In March 2021, the company was acquired by Cornell Capital and Trilantic North America and Mr. Adam Zoia will be named the CEO of the combined company. Fastaff, LLC provides their nurses with assignments/educational opportunities such as travel nurses a benefits package that includes medical, dental, vision, free educational opportunities, license reimbursement paid to travel and housing, and a nurse perks program. The company also provides temporary nurses to hospitals. The company generates its revenue by providing employment opportunities to travel nurses for urgent staffing needs to maintain the continuity of care for its clients and their patients. The firm plan is to continue to develop and automate its nurse staffing software for its customers.

Primary Industry

Outsourcing

Sub Industries

Human Resources Services, HR & Workforce Software

Website

www.fastaff.com

Company Stage

Buyout

Total Amount Raised

Subscriber access only

Deals

Deals Type
Merger
Buyout

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	CardioSolution, LLC, Fastaff, LLC +3 more	31 Mar 2021
Completed	Fastaff, LLC	24 Feb 2021

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