BOCA RATON, Fla.–(BUSINESS WIRE)–Medical Connections Holdings, Inc. (OTCBB:MCTH – News), a national provider of medical recruitment and staffing services, reported today on the status of the merger and acquisition opportunities that exist in the healthcare services arena.
During the second half of 2010, the Company expects that M&A activity will remain strong as business owners are looking to capitalize on liquidity options prior to the anticipated increase in capital gains tax rates in 2011. Additionally, the increasing focus of investors looking to place more capital into healthcare services investments, as well as with strategic buyers seeking acquisitions to supplement organic growth in order to maintain or increase market share, will be major factors in the continuing expansion of M&A activity in the healthcare services sector.
Anthony Nicolosi, Company President, stated, “We are finding many local attractive acquisition targets as we implement growth through our acquisition model. We are finding the M&A marketplace to be active with reasonable expectations on the part of owners looking to obtain some liquidity. All in all, we expect the next 6-12 months to be quite productive. More shareholder updates on our local findings as well as an update on the TruStaff acquisition will be forthcoming in the near term.”
Medical Connections, Inc. is a national provider of medical recruitment and staffing services. The Company’s business is to identify, select and place the industry’s most talented healthcare specialists, nurses, pharmacists, physicians and hospital management executives. The Company provides recruiting and staffing services for permanent and contract positions, leaving options for both clients and candidates to decide the optimal formula for working together.
With headquarters in Boca Raton, Florida, Medical Connections is ideally positioned to increase its presence in the U.S. healthcare market. Medical Connections Holdings, Inc. is a fully reporting company trading on the OTC B/B under the ticker: MCTH.
Learn more:
