J.W. Childs To Buy CHG Healthcare

J.W. Childs Associates has agreed to acquire CHG Healthcare Services Inc., a Salt Lake City- based provider of temporary physician staffing services. No financial terms were disclosed. CHG had raised $23.5 million in VC funding, including a $15 million infusion in 2003 at a $129 million post-money valuation. Shareholders include Acacia Venture Partners, Frazier Healthcare Ventures, Nassau Capital and New Enterprise Associates. CHG had withdrawn IPO registration papers earlier this year, and is being advised on the sale by Goldman Sachs.  www.chghealthcare.com