TPG has announced the acquisition of Medical Solutions by TPG’s middle market and growth equity platform TPG Growth.
Medical Solutions, based in Omaha, Neb., is a national provider of healthcare staffing solutions for hospitals.
TPG Growth is acquiring a majority stake in the company. Beecken Petty O’Keefe & Company, which acquired Medical Solutions in 2015, will retain an equity stake.
TPG Growth targets investments in a broad range of industries and geographies. The firm has more than $8 billion of assets under management.
The transaction is expected to close in the second quarter. Additional transaction terms were not disclosed.