Bowstring Advises Cirrus Medical Staffing in its Sale to Webster Capital
October 26, 2017 | Atlanta, GA
Bowstring Advisors (“Bowstring”) served as the exclusive financial advisor to A. Soriano Corp (“Anscor”) and Cirrus Medical Staffing (“Cirrus”), a leading provider of healthcare staffing solutions, in its sale of Cirrus to Webster Capital.
William Ottiger, Senior Vice President at Anscor, stated, “Over the past five years, Cirrus has achieved robust growth within the healthcare staffing industry and is rated as one of Staffing Industry Analyst’s fastest-growing companies. The Cirrus team is excited to continue this growth in a new chapter alongside Webster Capital, taking advantage of its quality business advice and seasoned management experience.
“Bowstring provided superior advisory services to Cirrus throughout the transaction process, leveraging their experience and knowledge of the travel nursing sector and broader healthcare staffing industry,” continued Ottiger. “Additionally, Bowstring’s diverse relationships within the buyer universe resulted in a great partnership between Cirrus and Webster Capital.”
Andrea Zveibil, CEO and President of Cirrus, added, “We are thrilled to partner with Webster in our next phase of growth. The Webster team brings a wealth of experience in healthcare services and shares our core values of quality, collaboration, transparency and enthusiasm. With their support, we look forward to continuing to be an instrumental part of providing quality clinicians to nationwide healthcare facilities and expanding our presence in the marketplace.”
“Cirrus’ talented management team, efficient back-office support system, and quality nursing services will serve as a great platform for the Webster Capital team as they continue to invest in the healthcare services market,” said Cooper Mills, Managing Director at Bowstring Advisors. “We look forward to watching Cirrus continue growing through its new partnership with Webster.”
Bowstring provided superior advisory services to Cirrus throughout the transaction process, leveraging their experience and knowledge of the travel nursing sector and broader healthcare staffing industry.
Senior Vice President