Interlock Equity’s Strategic Investment in VeloSource to Transform Healthcare Staffing Solutions

Interlock Equity and VeloSource: A Strategic Partnership in Healthcare Staffing



Interlock Equity, a private equity firm based in Los Angeles, has made a noteworthy strategic investment in VeloSource, a prominent provider of locum tenens staffing solutions. This collaboration is set to bolster VeloSource's expansion, enhance its specialty skills, and advance its technological framework to better serve healthcare providers across the United States.

VeloSource was founded in 2015 by Jeff Schaal and Patrick Donovan, aiming to connect healthcare organizations with top-tier physicians and advanced practitioners. Their mission centers around ensuring exceptional patient care by meeting the pressing staffing needs of hospitals, health systems, and physician groups nationwide. The partnership with Interlock Equity marks a new chapter in VeloSource's journey, with both companies sharing a commitment to innovation and the highest quality of service.

According to Patrick Donovan, Founder and Partner at VeloSource, the collaboration will foster rapid growth in a competitive landscape while emphasizing the importance of a dedicated team and quality service delivery. As he transitions to a position on the Board, Donovan expresses confidence in the capabilities of his team, underlining their journey towards excellence in locum tenens staffing solutions.

CEO Jeff Schaal echoes Donovan's sentiment, stating, "Partnering with Interlock represents an exciting new chapter for our company. Their commitment to innovation and long-term growth reflects our values, and we eagerly anticipate the achievements we can accomplish together." Schaal emphasizes the partnership's potential for enhancing opportunities for their team and expanding locum tenens solutions tailored to client needs in the healthcare sector.

Rob Zielinski, Managing Director at Interlock, pointed out that VeloSource is addressing a critical challenge in healthcare—the persistent shortage of qualified healthcare providers. He emphasized that VeloSource is strategically positioned to seize industry momentum, and Interlock is excited to support the team as they enter their next growth phase while preserving the company culture that attracts top talent.

Mike Orend, another Managing Director at Interlock, praised the strong foundational work done by the founders, noting that VeloSource stands out as a preferred employer in the locum staffing industry. The trusted client relationships and commitment to a people-centric culture set VeloSource apart as a formidable partner in the healthcare staffing arena.

About VeloSource


Recognized as a “Best Staffing Firm to Work For” by Staffing Industry Analysts in 2025, VeloSource specializes in healthcare staffing and recruitment, focusing on locum tenens services. The firm operates a nationwide network of highly qualified providers, delivering customized workforce solutions that facilitate continuity of care and improved patient outcomes across an array of healthcare scenarios.

About Interlock Equity


Founded in 2021, Interlock Equity is dedicated to investing in lower middle-market companies throughout North America, with a specific emphasis on pivotal B2B and healthcare services. By offering strategic capital, deep industry insights, and a collaborative approach, Interlock aids founders and management teams in unlocking transformative growth opportunities. This investment in VeloSource aligns perfectly with Interlock’s mission to back knowledge-driven, people-centric organizations.

As the healthcare industry grapples with ongoing staffing shortages, this strategic alliance between Interlock Equity and VeloSource marks a proactive step towards addressing critical healthcare challenges and improving the overall quality of patient care across the nation.

Topics Business Technology)

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