Patriot Capital, a multi-strategy middle market investment firm, is pleased to announce a new debt and equity co-investment alongside Littlejohn Capital in support of their acquisition of Alto Healthcare Staffing (“Alto”), a diversified healthcare staffing firm.
Headquartered in Dayton, Ohio, Alto was established in 2003 in line with the personal values and mission of Founder and Registered Nurse Leslie Kahn. Alto’s three key business lines include providing clinical temporary staffing primarily for nursing homes and long-term care facilities on a per diem or short-term contract basis; travel nurses primarily to hospitals; and medical assistants to doctors’ offices.
“We are thrilled to have the opportunity to partner again with Patriot. They are a very thoughtful and supportive partner who we know will allow us to continue Alto’s growth,” said Angus Littlejohn III, President of Littlejohn Capital.