Oct 25 2010
Medical Connections Holdings, Inc. (OTCBB: MCTH), a national provider of medical recruitment and staffing services, announced today that it has received $2.5 million in new acquisition capital from Medical Connections-Japan.
The Company's acquisition strategy remains on target as it seeks to acquire healthcare staffing companies that best fit its business model. "Our strategy is focused and disciplined," stated Anthony Nicolosi, Company President. "We select potential acquisitions for due diligence from two sectors, Allied and Nursing. Only those that meet our stringent criteria will be interviewed for acquisition. Although our M & A process is time-consuming, it does carry with it a greater assurance of success. We anticipate finding the right company to integrate that will boost us to profitability and ultimately a larger exchange in the near future. We are quite confident in our ability to find the best acquisition opportunities available."
Source:
Medical Connections, Inc.