Reliable health services attract investment from M33
SAN ANTONIO, July 11 10, 2022 (GLOBE NEWSWIRE) — Dependable Health Services, (“Dependable”), an established provider of medical and non-medical staffing services, announced that it has secured a growth investment from Boston-based M33 Growth – venture capital and growth stage investment company. The company also announced the hiring of John Sanders, as CEO, to lead the company.
Dependable provides recruiting services to government entities, including the United States Department of Homeland Security (“DHS”) and the Department of Defense (“DoD”). The company is responsible for recruiting, training, accrediting, and managing healthcare professionals, caregivers, and supervisors at DHS and DoD sites. M33’s investment in Dependable comes at a time when these government entities are increasingly looking for high-quality third-party providers to rely on to deliver timely, high-quality care services.
As part of the transaction, M33 will recruit veteran entrepreneur and executive, John Sanders, as the company’s chief executive officer. Sanders has a history of success driving large-scale, government-focused technology companies, having held leadership positions at Daon, Reveal Imaging Technologies and SAIC. John’s passion for national security led him into public service when he joined DHS in 2010. John held several positions during his time at DHS, including Chief Technology Officer for the Transportation Security Administration ( “TSA”). Most recently, John served as Chief Operating Officer and Acting Commissioner for U.S. Customs and Border Protection (“CBP”), where he oversaw 60,000 employees and managed a budget of nearly $15 billion.
“Dependable provides comprehensive humanitarian support to our federal partners,” said John Sanders, Dependable’s new CEO. “I have made it my mission to help keep people safe with a focus on communities at risk. I look forward to working with the Dependable team to expand and grow the delivery of these essential business services.
“We are very excited to have the opportunity to partner with John and support his vision to build the partner of choice for government agencies for a variety of needs,” said Gabe Ling, co-founder and CEO of M33 Growth. “Dependable has an outstanding track record of providing quality services and is committed to serving its customers. We look forward to supporting the company’s mission and growth.
Dependable is a medical and non-medical recruitment agency, serving government agencies, providing qualified and credentialed professionals in healthcare and paramedical positions. Founded in 1996, Dependable has served a variety of government customers including the Air Force, Department of the Army, Department of the Navy, Customs and Border Protection, and other government entities. Dependable has successfully recruited, certified and placed professionals into positions for these clients through awarded contracts and government procurement processes. To learn more about Dependable, visit www.dependablehealthservices.com.
About M33 Growth
M33 Growth is a venture capital and growth stage investment firm that seeks to partner with founders and CEOs who have successfully launched their businesses to high growth and are positioned to rapidly scale their businesses and break through as market leaders. With deep experience in fueling sales and marketing engines, driving acquisitions and creating value through data assets, M33 Growth seeks to propel its portfolio companies to succeed in their markets. . Founded by veterans of renowned investment firms with considerable operational experience, the Boston-based firm seeks to invest in companies in the software, healthcare and services industries across North America. To learn more about M33, visit www.m33growth.com.