Healthcare & Life Sciences Private Equity Deal Tracker: Cornell Capital and Trilantic Acquire trustaff and CardioSolution

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Cornell Capital and Trilantic North America have acquired trustaff Management and CardioSolution, according to a news release.

As part of the transaction, the firms will also acquire Stella.ai in a plan to combine the companies to create a healthcare staffing platform with a technology-driven approach.

trustaff, based in Cincinnati, Ohio, is a provider of travel nurse and allied healthcare staffing services.

CardioSolution, based in Cincinnati, Ohio, provides interventional cardiology service lines to hospitals nationwide. The company offers solutions including assessment, return-on-investment forecasting, staffing, outreach/marketing and service line management.

Stella, based in New York, is an artificial intelligence-driven online marketplace for employers and job seekers.

Cornell Capital, based in New York, is private investment firm founded in 2013 that focuses on investments in the consumer, industrial/business services and financial services sectors.

Trilantic North America, based in New York, is a private investment firm founded in 2009 that has a primary investment focus in the business services, consumer and energy sectors.

Terms of the acquisitions were not disclosed.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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