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Transaction Experiences Bigelow Advises MAS Medical Staffing LLC on its Recapitalization by Periscope Equity LLC
MAS recapitalization by Periscope

Transaction Experience

Bigelow Advises MAS Medical Staffing LLC on its Recapitalization by Periscope Equity LLC

MAS Medical Staffing LLC (“MAS”) announced it has been recapitalized by Periscope Equity LLC (“Periscope Equity”) in partnership with management.  MAS is a leading tech-enabled medical staffing agency.  Periscope Equity is a private equity firm with a focus on founder-owned technology-enabled service and software companies. This transaction is the successful culmination of an initiative led by Bigelow LLC.

Founded in 2002 and headquartered in Londonderry, New Hampshire, MAS ( has grown rapidly to become the leading tech-enabled medical staffing agency serving long-term care facilities in the Northeast region of the United States. With a Nurse-First approach and innovative direct-to-clinician technology platform, MAS has amassed a community of over 3,400 active nurses that can be efficiently deployed within long-term care, acute, and home-based care settings for per diem and travel nursing contracts. The company’s proprietary technology platform, MAESTRA, optimizes per diem shift fulfillment by directly linking facilities and their open shifts with nurses through a dynamic service marketplace application, streamlining credentialing, communication, and payroll, to provide the highest level of service for nurses and MAS’ healthcare facilities and their patients. Through the partnership with Periscope Equity, MAS is now positioned to further develop its Nurse-First approach by expanding its geographic footprint, accelerating its technology development, enhancing its go-to-market strategies, and executing strategic acquisitions.

“We are thrilled to have selected Periscope as our new financial partner. As we leverage our MAESTRA platform to enter new geographies our growth is accelerating. Having a partner that not only understands how to support a rapidly expanding business and technology platform but also has expertise in our specific sector is critical. The Periscope team has demonstrated that they understand our needs, employ a partnership approach, and have the capabilities, experience, and resources to help propel MAS to its fullest potential.” Ken Johnson, Founder & CEO MAS Medical Staffing LLC

Headquartered in Chicago, Illinois and founded in 2013, Periscope Equity ( is focused on investments in technology-enabled service and software companies across digital marketing, healthcare technology, security solutions, and business process automation. ​​​​Periscope specifically targets companies that are founder-owned, with mission-critical products and service offerings, a history of sustainable profitability, and known avenues to accelerate growth. ​​​​​​​​​​​In alignment with proven management teams, Periscope provides strategic, operational, and commercial expertise to drive superior investment returns.​​

“As a leading tech-enabled medical staffing agency, with a long history of serving long-term care, we believe MAS has a unique capability—and responsibility—to appropriately deploy innovative new technologies via its hybrid service model that ensures reliable, compliant, and efficient service is delivered. Leveraging MAS’ business, team, culture, technology, and brand recognition, we expect MAS to expand its geographic footprint to become the leading provider of these services to long-term care throughout the country.” John Findlay, Partner Periscope Equity LLC

Originally established in 1935, Bigelow LLC is widely known as the M+A Advisory Boutique that deals exclusively with private Entrepreneur Owner-Managers. Bigelow has a reputation for having a unique understanding of the special requirements of the owner-managed, entrepreneurial operating company in building and ultimately capturing Enterprise Value.

Londonderry, New Hampshire

has been recapitalized by

Chicago, Illinois

The undersigned initiated this transaction
and acted as M+A advisor to
MAS Medical Staffing LLC

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