Sier Capital Partners and several partner organizations have made a strategic investment in Nurses 24/7, a leading provider of healthcare staffing services in the Northeast.
Along with Sier Capital, the investment group includes A1A Investment Partners, Assurance Capital, and Mercantile Bank.
In the post-COVID environment, there have been continued shortages of key healthcare professionals, and high attrition rates in the field. Nurses 24/7 makes sure registered nurses are placed in the right environment to match their particular expertise.
Wayne, N.J.-based Nurses 24/7 staffs hospitals as well as skilled nursing facilities, rehab centers, assisted living facilities and long-term care facilities. It has several divisions including Allied 24/7, Skilled Nursing 24/7 and Therapists 24/7, and supports nurses, including RNs and LPNs, respiratory therapists, imaging techs, physical therapists, occupational therapists, and speech language pathologists.
Adam Altus, managing partner of Sier Capital Partners, praised the team at Nurses 24/7, noting that nurses and clinicians are the backbone of the U.S. healthcare system. “This is a leadership team that gets up at 3:00 a.m. to fill a clinical need for their healthcare partners to better serve their patients,” Altus said. “We are proud to support these exceptional professionals and put them in a position to be the best version of themselves both personally and professionally.”
The clinicians at Nurses 24/7 are experienced in the local markets and have an intimate knowledge of the regulatory and cultural needs in the healthcare facilities they support.
Making sure healthcare facilities have the resources they need to perform life-saving work can make all the difference, Chris Dowling, CEO of Nurses 24/7, said. “We founded this organization over 20 years ago and continue to get excited about the way we can help our clients and the clinicians who choose to partner with us. Now, the relationship between Nurses 24/7 and Sier Capital enables the business to invest more broadly in the resources our partners desperately need,” he added.
Sier Capital Partners, which works with proven management teams and operating partners in an entrepreneurial capacity, has offices in New York, N.Y., Strongsville, Ohio, and Charlotte, N.C.