Jackson Healthcare, an Alpharetta-based health care staffing business, has purchased the pharmacy staffing unit of Duluth-based Hire Dynamics in a deal involving a cadre of local lawyers.
General Counsel Dennis Stockwell handled the transaction for Jackson Healthcare; Locke Lord Bissell & Liddell partner Philip A. Cooper represented Hire Dynamics.
Though financial terms of the deal were not disclosed, both companies made the most recent Inc. 5000 magazine listing of the fastest-growing private companies in the nation. According to the magazine, Jackson Healthcare posted 303 percent growth over three years to revenue of $372.6 million; Hire Dynamics had 30.4 percent growth over three years to $40.5 million.
Stockwell, through spokeswoman Meigan Manis, said the companies knew of one another because both operate in the same market. But, she said, they really came together when associates at Jackson Healthcare, who knew associates at Hire Dynamics, helped introduce their presidents.
Cooper, who has represented Hire Dynamics since its founding in 2001, said the deal took about a month to put together. "It was pretty fast track," he said.