The Whitaker Companies announces the sale of Whitaker Medical a leading
physician staffing firm, to On Assignment ASGN, a leading global
provider of diversified professional staffing solutions.
Whitaker provides experienced physicians and mid-level practitioners across a
wide variety of sub-specialties to medical facilities nationwide and has been
in business since 1989. Whitaker will become a part of VISTA Staffing
Solutions, making VISTA the fourth largest physician staffing practice in the
United States with combined pro forma 2013 revenues of over $130 million.
“We are very pleased to welcome Whitaker Medical into the VISTA Staffing
Solutions and On Assignment family,” said Peter T. Dameris, president and
chief executive officer of On Assignment, Inc. “For 25 years, Whitaker Medical
has excelled in providing physician staffing solutions for a wide variety of
clients. Their concentration on the primary care market and geographic
locations are highly complementary to VISTA's existing locum tenens practice.
In addition to their focus on physician staffing, Whitaker possesses a strong
advance practice expertise, which we expect to be one of our fastest growing
segments.”
“In addition to the geographic fit of the two companies, Whitaker's client
base is also complementary to VISTA's,” said Christian Rutherford, president
of VISTA Staffing Solutions. “We expect there to be little sales channel
conflict or customer overlap allowing for a successful integration. I look
forward to working with our new team and taking advantage of the opportunities
in the marketplace that this transaction will bring.”
Mr. Whitaker will serve as an advisor to Whitaker Medical and VISTA through a
transition period. He will continue to serve as President of The Whitaker
Companies, operating its two divisions Whitaker IT and Whitaker Technical that
provide IT and Engineering/Technical contract staffing and direct-hire search
to a variety of organizations nationwide.
“We very much look forward to joining On Assignment and becoming part of one
of the most well-respected staffing firms in the nation,” said Bruce Whitaker,
President of The Whitaker Companies. “Together, we will be well positioned to
grow this business and being part of a larger, publicly traded company will
also provide our employees with access to a wide array of new resources and
opportunities.”
Amy Moss, a Shareholder with Chamberlain, Hrdlicka, White, Williams & Aughtry,
served as legal counsel to The Whitaker Companies for the sale transaction and
Lori Bisson, CPA, Director of Financial Accounting Services of Condon &
Company, served as financial advisor.
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