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So far, Blucrest is three people, an idea and a capital commitment from GTCR.

The Chicago firm reportedly grew the target's EBITDA from $2m in 2017 to $70m when sold to Olympus Partners in September.

Thoma Bravo, One Equity Partners and HIG are among the PE firms eagerly snatching up healthcare staffing providers in this hot market.

The Detroit PE firm's new Exigent platform is buying ACI, which provides services for boilers and other 'mission-critical' facilities operations.

‘To make outsized returns in venture capital or private equity, you need to be in markets where there's disruption happening, and healthcare is an industry that has lots of disruption,’ said WFSC’s John Ryan.

'In the next 10 years, the healthcare spend in the US is expected to go from $4trn to $6trn, and we'll have 15m+ additional people aging into Medicare,' he said.

'Under LLCP’s ownership, we helped Monte Nido open 22 de novo facilities and acquire 10 facilities, bringing its current total to 45 facilities in 15 states,' said Matt Rich.

‘We’ve been looking at healthcare staffing for some time because the fundamentals suggest that staffing companies will be an increasing part of the healthcare labor ecosystem,’ said OEP’s Charlie Cole.

'As we think about the massive amount of paper still in healthcare, the inefficiency of payment transfers and payment modalities, that’s another huge avenue for us,' said FTV’s Mason.

The pandemic accelerated the adoption of SaaS in contact centers by five years, said Alpine's Haley Beck.