 SHPS was founded in 1997, as a joint venture between SYKES Enterprises and Health Plan Services, and financed by Prudential Services.In December 1997, Prudential Services and SYKES Enterprises, Incorporated formed SYKES Health Plan Services (SHPS), Inc.In 2000, SHPS was purchased by Welsh, Carson, Anderson & Stowe, a private equity firm which focuses on information and business services, healthcare and communications.