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Medical Connections Signs Definitive Agreement to Buy Trustaff Management, Inc.
Medical Connections Signs Definitive Agreement to Buy Trustaff Management, Inc.
Mar. 17, 2010 (Business Wire) -- Medical Connections Holdings, Inc. (OTCBB:MCTH), one of the nation’s fastest growing healthcare staffing companies specializing in allied health, nurse and physician staffing and recruiting services, said it has entered into a stock purchase agreement to acquire all of the issued and outstanding capital stock of Trustaff Management, Inc., an Ohio corporation and its five wholly-owned limited liability companies. Trustaff is a national health care staffing company with approximately 100 corporate staff supporting 500 healthcare professional working at various clients throughout the United States. Based on financial information provided to the Company, Trustaff had revenues in excess of $42 million during fiscal 2009, with profits in excess of $4.4 million. Trustaff's executive offices are located in Cincinnati, Ohio.
About Trustaff Management, Inc.
As one of the fastest growing names in the healthcare staffing industry, Trustaff is dedicated to placing doctors, nurses, pharmacists and allied healthcare professionals in premier facilities nationwide. Since 2002, Trustaff has built its business by being committed to providing the best travel nurse jobs and travel allied healthcare jobs as well as permanent placement for pharmacists, allied healthcare professionals, and physicians.
About Medical Connections, Inc.
Founded in 2002, Medical Connections, Inc. is a pioneering medical recruitment and staffing company dedicated to satisfying the increasing demands for qualified personnel in the healthcare industry. The company identifies and places medical professionals - from nurses and physicians to pharmacists and medical scientists – in facilities throughout the U.S. Medical Connections applies both established and innovative methods to meet the needs of its clientele, capitalizing on the more than 40 years’ industry experience of its key personnel.
With headquarters in Boca Raton, Florida, Medical Connections is ideally positioned to increase its presence in the U.S. healthcare market. Medical Connections Holdings, Inc. is a fully reporting company trading on the OTC B/B under the ticker: MCTH.
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