AMN Healthcare To Acquire MSDR For A Purchase Price Of $300M
Portfolio Pulse from Happy Mohamed
AMN Healthcare (NYSE:AMN) has announced a definitive agreement to acquire MSDR, which includes healthcare staffing companies Medical Search International (MSI) and DRW Healthcare Staffing, for $300 million. The acquisition is expected to close in Q4 2023 and will be funded with a combination of cash on hand and borrowings on AMN's revolving credit facility. The deal is expected to be modestly accretive to AMN's adjusted EPS in the first twelve months.
October 23, 2023 | 12:08 pm
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AMN Healthcare's acquisition of MSDR is expected to boost its revenue growth and expand its workforce solutions. The deal is expected to be modestly accretive to AMN's adjusted EPS in the first twelve months.
The acquisition of MSDR, which includes two healthcare staffing companies, is expected to boost AMN Healthcare's revenue growth and expand its workforce solutions. This is likely to have a positive impact on AMN's stock in the short term.
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