Monday February 8th, 2021 – ArkMalibu is pleased to announce the sale of TherapyTravelers to Epic Staffing Group, a Webster Equity Partners portfolio company. ArkMalibu served as the exclusive financial advisor to TherapyTravelers in the transaction. Terms of the transaction were not disclosed.
Founded in 2012 by Geneva Milne, Maria Lankenau, and Kim Gros and headquartered in Long Beach, California, TherapyTravelers is a fast-growing specialty staffing firm focused on placing therapists, psychologists, social workers, special educators, nurses, and other healthcare related professionals into school districts across the United States.
With a strong culture led by a management team holding 50+ years of professional experience at large and growing staffing companies, TherapyTravelers is consistently recognized as an employer of choice for therapists across the country. The company’s mission to attract, empower, and retain the finest therapists so that every human can manifest their full potential, paired with a “Work Hard, Be Kind” philosophy earned them recognition in Forbes’ 2020 List of Best Temporary Staffing Firms.
TherapyTravelers desired a partner that would accelerate the Company’s expansion and help maximize the number of students able to access high quality care within the General and Special Education sectors across the nation. ArkMalibu worked with management to tailor the M&A search around finding a counterpart that would enthusiastically work towards TherapyTravelers’ vision of making a positive difference in the growing behavioral and mental health crises facing children today.
Geneva Milne, Co-Founder and CEO of TherapyTravelers, said “We could not be happier with our decision to trust ArkMalibu to lead our M&A process. From the start, the ArkMalibu team took the time to uncover exactly what made TherapyTravelers special, and conveyed that to the market. They learned the details of our business and helped us scale our operations to achieve maximum results. Their breadth of experience in running transactions and navigating the unexpected (and the expected) gave us peace of mind throughout, even when there were many competing priorities and seemingly conflicted scenarios to sort out.”
Maria Lankenau, Co-Founder and President of Therapy Travelers, said “ArkMalibu’s recommendations were fair and balanced, and it was clear they wanted what was best for us, our team, and our culture. We are confident in our decision to partner with Epic Staffing Group, and thankful to ArkMalibu for bringing our teams together.”
Peter Kubasek, Partner at ArkMalibu, said “We are thrilled that our team helped bring together the phenomenal organization of TherapyTravelers with the experience and success of Epic Staffing. We see a bright future ahead for the TherapyTravelers employees in partnering with Epic, and are confident many children’s lives will be positively touched as a result. It is an honor to represent this mission-driven organization.”
About ArkMalibu
ArkMalibu is one of the only Mergers & Acquisitions advisory firms that focuses exclusively on sell-side transactions for business owners throughout the United States and internationally. ArkMalibu serves its privately owned clients based on its conflict free market position, proprietary process, experience and creativity. ArkMalibu prides itself on guiding clients through unchartered M&A territory with experience, integrity, and confidentiality at every turn. ArkMalibu was named ACG Cincinnati Deal Maker of the Year in 2010 and 2018.
About Epic Staffing Group
Epic Staffing Group is a diversified national provider of staffing services to the Life Sciences and Healthcare industries. Epic’s Staffing verticals include Life Sciences Contract and Permanent Placement, Travel Nursing, Interim Executive Placement, Travel Allied, Government Staffing and International Staffing. For additional information on Epic Staffing Group, please visit www.epicstaffinggroup.com.
