Healthcare & Life Sciences Private Equity Deal Tracker: TPG Growth Acquires Medical Solutions

McGuireWoods LLP
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TPG has announced the acquisition of Medical Solutions by TPG’s middle market and growth equity platform TPG Growth.

Medical Solutions, based in Omaha, Neb., is a national provider of healthcare staffing solutions for hospitals.

TPG Growth is acquiring a majority stake in the company. Beecken Petty O’Keefe & Company, which acquired Medical Solutions in 2015, will retain an equity stake.

TPG Growth targets investments in a broad range of industries and geographies. The firm has more than $8 billion of assets under management.

The transaction is expected to close in the second quarter. Additional transaction terms were not disclosed.

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