January 31, 2025, Reseda, CA — ArkMalibu, an investment bank dedicated to serving business owners, served as the exclusive financial advisor to Healthcare Staffing Professionals, Inc. (“HSP”) in its sale to TrueBlue, Inc. (NYSE: TBI). Terms of the deal were not disclosed.
Founded in 2006 and headquartered in Reseda, CA, HSP provides long-term temporary and permanent staffing solutions primarily focused on healthcare positions including nursing, allied health, behavioral health, and various research, IT, and administrative roles. HSP has customers nationwide, specializing in serving state and local government entities with a focus on public health departments and agencies, correctional institutions, K-12 and higher education systems.
TrueBlue, a leading provider of specialized workforce solutions, expects this synergistic acquisition to enhance the growth profile of both businesses. By leveraging TrueBlue’s strong balance sheet and world-class recruiting capabilities, HSP is poised to capitalize on the current opportunities in the high-demand healthcare staffing market.
Maxie Juzang, President and CEO of HSP, commented: “I would highly recommend ArkMalibu to any owner who is interested in selling their business. Their team is professional, thorough, knowledgeable, experienced, organized, and most importantly available when needed to answer questions and provide guidance. After 18 years of building our business, we diligently evaluated multiple M&A firms, and we ultimately chose ArkMalibu. ArkMalibu listened to the type of buyer/partner we were looking for and presented multiple buyers that met those criteria. They earned our trust throughout the process, and they delivered. Their ability to simplify some of the complicated deal points, to navigate unforeseen challenges, and negotiate competitive terms, separates them from the pack. In addition, I personally value honesty and integrity and they demonstrate those qualities consistently. We are extremely satisfied with our decision and recommend ArkMalibu without any reservations.” Chris Robichaud, President at ArkMalibu, stated: “We are honored by the confidence HSP’s ownership entrusted in us to execute this important transaction. Our tailored approach, rooted in our staffing expertise, delivered an outstanding outcome, positioning HSP for even greater success in the future. With Maxie at the helm under TrueBlue, we are eager to witness HSP’s continued growth in the next chapter of its journey.”
ArkMalibu is the investment bank for business owners. Our independence serves the interests of the seller from start to finish. With a network of expert executive advisors and advocates, our rigorous and customized process maximizes value and fit. “Sell Well” captures over thirty years of our sell-side expertise and is a free resource guide to owners when selling their businesses.
