AMN Healthcare Services, a provider of workforce solutions and staffing services, has completed the acquisition of B.E. Smith for a total purchase price of $160 million. B.E. Smith is a full-service interim leadership and executive search firm serving healthcare clients across all settings including acute care hospitals, academic medical and children’s hospitals, physician practices and post-acute care providers.

According to a related 8-K filing, the purchase price is being funded by an amended credit facility provided by a lender group led by SunTrust Bank as administrative agent that increases AMN Healthcare’s revolver to $275 million and provides an additional $75 million term loan.

“The recruitment expertise and national talent pool of healthcare leaders provided by B.E. Smith brings immediate strategic value to AMN Healthcare’s broad portfolio of innovative workforce solutions. Client reaction to our recent announcement has been very positive, particularly as healthcare organizations are faced with the need for key executive and leadership talent to drive transformation across the care continuum,” said Susan Salka, president and CEO of AMN Healthcare.

Doug Smith, president and CEO of B.E. Smith, added, “The two companies share a common passion and dedication for delivering differentiated value to the healthcare industry.”