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Dec 2019

Audax Private Debt Provides Financing to Support Olympus Partners’ Investment in Soliant Health

Audax Private Debt announced that, as Joint Lead Arranger, it provided a senior secured credit facility to support the acquisition of Soliant Health (“Soliant”), a leading healthcare services outsourcing platform, by Olympus Partners, a private equity firm focused on providing equity capital for middle market management buyouts and for growing companies across a broad range of industries.

Headquartered in Tucker, GA, Soliant provides healthcare placement and staffing services for the education, nursing, pharmacy, and life sciences segments across the United States. The company identifies and recruits highly-skilled healthcare professionals across a wide range of specialties and connects them with healthcare providers, primarily on a temporary basis.

“As one of the nation’s largest healthcare staffing companies, Soliant has a well-deserved reputation for pairing talented caregivers and clinicians with a wide array of leading hospitals and educational providers,” said Blake Loweth, Managing Director at Audax Private Debt. “The company provides strong unmatched value for its customers, healthcare professionals and employees, and we look forward to supporting the Soliant team and Olympus as they continue to grow the business.”

ABOUT SOLIANT
Soliant is a healthcare services outsourcing platform. The company identifies and recruits highly-skilled healthcare professionals across a wide range of specialties and connects them with healthcare providers in the education, nursing, pharmacy, and life sciences segments, primarily on a temporary basis. Soliant has approximately 500 employees and is headquartered in Tucker, GA with offices in Florida, Illinois, Massachusetts, California, and Texas. To learn more, please visit solient.com.

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