September 16, 2022
MSouth Partners With Medix Staffing Solutions, LLC
Atlanta, GA (September 16, 2022) – MSouth Equity Partners, an Atlanta-based private equity firm with an office in Nashville, announced the closing of its newest investment. In partnership with the company’s management team, MSouth completed its investment in Medix Staffing Solutions, LLC (“Medix” or the “Company”).
Medix, founded in 2001 by Andrew Limouris and headquartered in Chicago, IL, is one of the largest providers of healthcare staffing services in the country, with 21 offices across the U.S and operations in 44 states. Medix is a purpose-led organization, dedicated to positively impacting lives and businesses with workforce solutions backed by people data and industry expertise.
Mike Long, an MSouth Partner, said, “We are excited to partner with Andrew and the entire Medix team. We have more than 20 years of experience investing in the human capital and staffing industries, and we were immediately drawn to Medix’s culture, core values, and historical growth profile. We look forward to partnering with management to execute on their growth initiatives.”
CEO Andrew Limouris commented, “We thought long and hard about partnering with private equity. We knew that in order for that partnership to work, we had to find partners who we could trust, who believed in our vision and purpose-led philosophy, and who understood our business. I’m happy to say we found that in MSouth. Partnering with MSouth will allow us to accelerate growth, creating exciting opportunities for our employees, customers, and talent.”
“I have known Andrew and Medix for more than 15 years. We share beliefs around putting people first and building a great culture. We look forward to supporting Andrew and the team as we embark on this exciting next chapter for Medix” said Dan Campbell, Partner, MSouth Equity Partners.
MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies. Based in Atlanta and Nashville, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, specialty distribution, niche manufacturing, healthcare services, and telecommunications/media companies. With more than $2.2 billion of capital raised across four funds, MSouth is a successor to Cravey, Green & Wahlen, Inc., which was founded in 1984.