P2P Staffing Corporation (P2P), a leading provider of professional staffing, locum tenens staffing and solutions through brands TekPartners and MPLT Healthcare (MPLT), received a new majority investment from A&M Capital Partners (AMCP). Vito Scutero, Harris Katz and Jay Mays, co-founders of P2P and veterans of the professional staffing industry, along with P2P’s senior leadership team, will invest alongside AMCP in the transaction.
“We are very excited about this partnership because it signifies the beginning of a new chapter in P2P history,” says Jay Bevilacqua (pictured), CEO of P2P Staffing Corporation. “A&M Capital Partners has the experience and resources that make them the ideal partner as we take our growth strategies to the next level and accelerate our company’s evolution.”
Founded in 2002, P2P specializes in IT staffing, professional services and infrastructure solutions through its TekPartners brand. The company provides physician and advanced practice provider staffing through locum, locum-to-perm and direct hire options through its MPLT division. P2P has six offices across the U.S., with branches in Florida, North Carolina and Wisconsin.
“We have been impressed by P2P’s strong leadership team and long track record of historical growth,” says Michael Odrich, Managing Partner & Founder of AMCP. “P2P is an attractive platform for investment in the professional staffing and solutions space and we look forward to supporting the business’s continued growth organically and through M&A.”
Houlihan Lokey and Kirkland & Ellis advised A&M Capital Partners. P2P was advised by Citizens Capital Markets, Inc. and Alston & Bird LLP.
“We are extremely excited to partner with the Company’s experienced management team to support P2P in its next phase of growth,” says Alex Nivelle, a Partner of AMCP. “We see significant growth opportunities ahead as the company continues its expansion into new geographies, end markets and specialties.”
Learn more at www.tekpartners.com and www.mplthealthcare.com.
