Momentum Advisory Partners LLC advised and represented the owners of ICON Medical Network in its acquisition by Healthcare Staffing Industry Leader, Janet Elkin. Happy to have been a part of this huge milestone in the company’s history! Congratulations to all involved!
If you’re an owner of a staffing or workforce solutions business and considering a potential exit in the near or long-term, we’d love to hear from you! As an M&A advisory firm specializing in the human capital industry, we’d love to talk to you about current market trends, how to best prepare for a potential exit, how to maximize your company’s value, and what your company may be worth.
Los Angeles, CA – March 16, 2021 – Momentum Advisory Partners LLC is pleased to announce that ICON Medical Network (ICON), a national locum tenens provider creating solutions for physician and advanced practice staffing, has been acquired by healthcare staffing industry leader Janet Elkin.
Momentum Advisory Partners served as exclusive financial advisor to ICON Medical Network.
With nearly two decades under her belt in the healthcare industry, Elkin’s knowledge will drive ICON forward with the ability to answer the growing physician staffing demand in markets across the country.
“ICON Medical Network has a stellar reputation in the industry due to the out of the box thinking that the team has been driving for over a decade,” said Janet Elkin, CEO of ICON. “Together, we have the network and experience to advance locum tenens in the healthcare industry, while continuing to put people first.”
Ashley Simpson, Co-Founder and managing partner of ICON, will remain on board and serve as Chief Development Officer.
“Akash Taneja was an invaluable resource to my partner and I long before we were actively considering a sale of our company. I always felt like I could lean on him as a resource throughout the entire process. His experience, knowledge and insight as a specialist in the staffing industry was crucial to the success of the sale of ICON. His connections within the industry ultimately led us to an introduction to Janet and for that, we could not be happier,” said Simpson.
About ICON Medical Network
ICON Medical Network is a locum tenens provider creating national solutions for physician and advanced practice staffing. Founded in 2010, the company places physicians and advanced practitioners on locum tenens assignments at hospitals, health systems, medical practices, clinics, and other healthcare facilities throughout the United States. For more information about ICON Media Network, visit www.iconmedicalnetwork.com.
About Janet Elkin
With nearly a quarter a decade of experience, Elkin knows the staffing industry – starting as a recruiter and quickly moving into management. Known as an industry rainmaker, Elkin was inducted into the Staffing Analysts Hall of fame in 2016, recognized by HRO Today as a Superstar in 2015 and 2019, as well as being named Staffing Industry Analyst Global Power 50 Women in Staffing in 2020. For 13-years, Elkin served as President and CEO Supplemental Health Care, one of the largest healthcare staffing providers in the country.
About Momentum Advisory Partners
Momentum Advisory Partners is an M&A Advisory firm focused exclusively on the staffing and workforce solutions industry. The company brings over a decade of experience working with clients in evaluating some of their most strategic and complex decisions. Momentum provides independent, uncompromised advice which makes it uniquely suited to offer a broad range of advisory services to its clients. Advisory services include mergers, acquisitions and divestitures, across the Staffing and Workforce Solutions, Technology and Healthcare sectors. Momentum’s experienced professionals have an exceptional track record of providing remarkable results for its clients