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On this latest episode of the Positive Enterprise Value podcast our guest is Ken Johnson from MAS Medical Staffing. Ken, and his partner Jay Hamel, owned and ran MAS Medical for the last 20 years, building it into a very well-known and respected medical staffing business, serving the Northeast and the middle Atlantic states. Jay and Ken built the business basically from scratch.
Twenty years later or so, they engaged Bigelow and we helped them with architecting, the recapitalization of MAS Medical by Periscope Equity. And Jay Hamel was able to transition quickly out of the business while Ken stayed on as a principal stockholder. Ken relates to us very candidly and very humorously, a lot of the opening chapters of MAS Medical, some of the challenges that they had with the market, their products, and their services, along with some of the ways they stubbed their toes along the way.