Analysts International Corporation (AIC) (NASDAQ: ANLY), an information technology services company, today announced that it has sold the assets of Medical Concepts Staffing, a full-service nurse staffing agency and subsidiary of AIC, to Temps, Inc., a national provider of supplemental healthcare professionals. The agreement was signed on Friday, September 25 and was effective Saturday, September 26.
"This transaction benefits both companies. For AIC, the sale of Medical Concepts Staffing represents another step forward in the transformation of AIC's business," said Elmer Baldwin, AIC President and CEO. "Exiting Medical Concepts enables us to dedicate all of our resources and attention to focusing on our core IT services business. And Temps, Inc. is ideally positioned to fully maximize the value of MCS and better serve the needs of the health care market for temporary nursing staff moving forward."
Medical Concepts Staffing represented approximately $3M in annual revenue for AIC.
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