Therapy Staff Inc.
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Therapy Staff Inc. - overview
Established
2000
Location
Northville, MI, US
Primary Industry
Outsourcing
About
Therapy Staff Inc. is a specialized staffing company that provides essential mental health and therapy professionals to healthcare facilities across the United States, addressing the critical need for qualified mental health support. Therapy Staff Inc. was founded in 2000 in Northville, US, focusing on staffing solutions primarily for the mental health sector.
In August 2008, the company was acquired by Orion ICG, a portfolio company of Centre Partners. No notable changes in strategy have been reported since its inception, and there are no mentions of subsidiaries or parent companies. TherapyStaff specializes in comprehensive staffing solutions within the healthcare sector, particularly focusing on mental health services. The company provides staffing for therapists, counselors, and various healthcare professionals to meet the increasing demand for mental health support.
Its core offerings aim to connect mental health providers with facilities in need, enhancing patient care quality. TherapyStaff serves hospitals, clinics, and private practices throughout the United States, helping to alleviate staff shortages and improve accessibility in mental health care. The revenue model of TherapyStaff is based on a structured partnership with healthcare facilities, primarily through B2B transactions. The company earns income via contracts for staffing services, which can be either short-term or long-term.
Clients engage TherapyStaff for their expertise in providing qualified mental health professionals, often through subscription-based models or service agreements designed to cater to specific healthcare needs. Their pricing strategy reflects the expertise offered, ensuring a beneficial relationship with their clients that supports revenue generation efforts. Looking ahead, Therapy Staff Inc. is focused on expanding its services and entering new markets to meet the growing demand for mental health professionals.
The company intends to launch new products designed to enhance staffing solutions, although specific release dates have yet to be disclosed. Plans are in place to target expansion into various regions across the United States, capitalizing on the increasing need for mental health support by 2008. The most recent acquisition in August 2008 is expected to provide the resources necessary to support these growth initiatives.
Current Investors
Orion ICS, LLC
Primary Industry
Outsourcing
Sub Industries
Business Support Services, Recruitment/Executive Search, Healthcare
Website
www.therapystaff.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Therapy Staff Inc. - deals
| Deals Type | 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Therapy Staff Inc. | - |
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