Case Conclusion Date: August 1, 2011
Practice Area: Mergers / Acquisitions
Outcome: Sale of private business to public company
Description: Nelson Mullins represented Atlanta-based HealthCare Partners, Inc. in its sale to On Assignment Inc. (NASDAQ: ASGN) for $15 million in cash, plus a $3.7 million earnout. Rhys Wilson led the Nelson Mullins team, which included Jennifer Malinovsky, Kathy Solley, Sarah Loya and Amanda Norcross. Doherty & Doherty LLP of Houston, TX represented On Assignment. HealthCare Partners was founded in 1996 by Ruddy and Rhonda Polhill. HCP is one of the leading physician staffing companies in the country and makes placements in 14 specialties across 24 states. On Assignment, Inc. is a leading global provider of highly skilled, hard-to-find professionals in the growing life sciences, healthcare, and technology sectors, headquartered in Calabasas, Calif. For more info, go to http://www.marketwatch.com/story/on-assignment-acquires-healthcare-partners-2011-08-01?reflink=MW_news_stmp.