Futuris acquires Recruiter.com’s healthcare staffing unit
NEW YORK, UNITED STATES — In a significant move consolidating its foothold in the healthcare staffing sector, Futuris Company has agreed to acquire the specialized healthcare staffing business of Recruiter.com Group, Inc., pending client approvals.
This strategic acquisition of Recruiter.com’s healthcare staffing unit strengthens Futuris’ position in the healthcare staffing industry and marks a collaborative effort between the two companies to nurture growth and diversify services.
Under the agreement, Recruiter.com will transition specific client contracts to Futuris or its related entities. The transaction compensation includes Futuris stock valued at $500,000 and a share of the ongoing gross profit, capped at $2 million. The deal is expected to close immediately upon meeting closing conditions, including necessary client approvals.
Recruiter.com CEO, Miles Jennings, expressed enthusiasm about the agreement, stating, “By passing our healthcare staffing business to Futuris-a company known for its successful integrations and impressive growth-we’re setting the stage for the next exciting chapter of business expansion. We anticipate great things from Futuris in the future.”
The healthcare staffing market has experienced significant growth, reaching $64.4 billion in 2022, more than triple the market size in 2019. Futuris’ acquisition of Recruiter.com’s healthcare staffing business not only diversifies its services but also creates new opportunities for both organic and inorganic growth.
Recruiter.com is renowned for delivering flexible talent solutions worldwide, while Futuris champions sectors ranging from Medical to Legal, focusing on organic and inorganic growth avenues.
