Highlander Partners Announces the Sale of Martin, Fletcher to Parallon
DALLAS, Dec. 11, 2012
DALLAS, Dec. 11, 2012 /PRNewswire/ -- Highlander Partners, L.P., a
Dallas-based private investment firm, today announced that Martin, Fletcher,
one of its portfolio companies, has been acquired by Parallon Business
Solutions, a subsidiary of HCA Holdings, Inc. The acquisition bolsters
Parallon's leadership in the healthcare industry.
Headquartered in Irving, TX, Martin, Fletcher is a leading provider of locum
tenens and permanent placement healthcare staffing services. It has served
over 2,000 hospitals and clinics nationwide since its founding in 1999.
Highlander made its investment in Martin, Fletcher in 2005, when the company
was focused predominantly on permanent placements of physicians and nurses.
Subsequently, Highlander oversaw the firm's aggressive and highly successful
expansion into locum tenens that began in 2008 and continued through the
downturn in the economy. Martin, Fletcher's strength in the locum tenens
sector will broaden Parallon's service offering and reinforce its position as
one of the leading healthcare services firms in the country.
Alex Guiva, Partner at Highlander and former Board Member of Martin, Fletcher
stated, "We have supported Martin, Fletcher's growth plans through the
economic downturn and we are very pleased to see the exceptional growth
achieved by the Company in the locum tenens sector. We believe that Martin,
Fletcher's combination with Parallon will bring tremendous benefits to both
organizations and will allow Martin, Fletcher to expand the scope of its
If you would like more information on this transaction, please contact Alex
About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with
partners that have committed over $400 million of principal funds for direct
private equity investments in North America. The firm focuses on making
investments in middle market businesses in targeted industries in which the
principals of the firm have significant operating and investing experience,
including healthcare, basic manufacturing, food, building materials and
others. Highlander Partners uses a "buy and build" investment approach,
creating value by helping companies grow organically and through acquisitions.
For more information about Highlander Partners, please visit
SOURCE Highlander Partners, L.P.
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