Philadelphia, PA – May 18, 2018 – Capstone Headwaters LLC, a leading international investment banking firm, announced that it has successfully advised Phillips, DiPisa & Associates, Inc. (“PDA”) and Leaders For Today, LLC (“LFT”) on their sale to AMN Healthcare Services, Inc. (“AMN”). The purchase price was $30 million, with potential for an additional $7 million based on future financial performance.
PDA and LFT are sister companies operating as separate legal entities, which enjoyed shared common ownership prior to the acquisition by AMN. The Companies provide human capital management solutions to healthcare delivery organizations specializing in executive search and interim management staffing. PDA was founded two decades ago, and has built a sterling reputation as a knowledgeable and trusted executive search partner for healthcare delivery organization boards and C-suites. With offices in Boston, Atlanta, Chicago, Los Angeles, and Philadelphia, PDA works with clients to identify capable CEOs, COOs, CFOs, CMOs, CNOs, CIOs, and the like. A decade later PDA launched LFT, at the request of many of its clients, to provide interim middle and senior management staff to assist with the substantial turnover and talent shortage issues that continue to plague the healthcare sector. LFT is the one of the largest interim leadership staffing companies in New England and well regarded for its ability to successfully handle the hard-to-fill positions that hospitals struggle with and deliver quality candidates quickly.