J.W. Childs has completed the previously announced sale of its portfolio company CHG Healthcare Services to PE firms Leonard Green & Partners and Ares Management. The secondary buyout was first announced on Oct. 22. Salt Lake City-based CHG provides physician and healthcare staffing services nationwide, employing 1,400 people in seven offices around the country. The company went through several rounds of venture funding and a cancelled IPO before being bought out by J.W. Childs in December 2006. The firm disclosed a 5.3x return on its investment.